Euro Depressed After Greece Verify Failed Crop Deficit

Euro depressed this evening, even had weakened against the USD to a level of 1.33. In addition, European stock markets also still returns show a negative performance today. The weakening euro and European stock markets was triggered by a Greek statement that the existing target of cutting the deficit will certainly not be achieved. This further aggravate the pressure on the crisis of the European zone. Today, there will be a meeting of finance ministers of Europe zone countries to discuss the potential for a new loan to Greece worth 8 billion euros. (AFP)

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