Euro burdened by Greece, uncertainty high

June 30, 2015 11:44 PM

49 0

Euro burdened by Greece, uncertainty high

SYDNEY The euro remained on the defensive in Asia on Wednesday as Greece became the first developed economy to default on a loan with the IMF, setting the scene for another day of uneasy action in markets.

Still, it surprised no one when the International Monetary Fund confirmed Greece had missed a payment on its debt, perhaps taking it a step closer to an exit from the euro.

Also read: Bitcoin hits record high after smashing through $8,000 for first time

Read more

To category page

Loading...