Euro Rises on Optimism Over Greece Aid

Euro vs Dollard, a three week climbed high...

And today, it will be less difficult to Europe to find funds support for the global économy continent. All currency between different continents (Asia, Europe, USA) rec volatility for the time.

Waiting for the decision by the European Union leaders to help Greece. Help for Greece give a rises on optimism on euro money. And give a chance to Greece to go out worriyng with debt.

But China is the leader index. and India have good gdp perspective and a good industrial production, on the level than South Korea.

Complete article, by James ReganEuro Rises on Optimism Over Greece Aid
"The euro climbed to a three-week high versus the dollar, while stocks and U.S. equity-index futures rose on speculation European nations will pledge more funds to repair Greece’s finances. Wheat sank the most in three weeks after Russia said it will allow grain shipments to resume.

Europe’s 17-nation currency strengthened 0.7 percent to $1.4376 at 4:05 p.m. in Tokyo. The yen dropped against all 16 major peers after Moody’s Investors Service placed Japan’s sovereign rating on review for a downgrade. The MSCI Asia Pacific Index increased 1.3 percent, paring its biggest monthly loss in a year, and the Stoxx Europe 600 Index rose 0.7 percent. Standard & Poor’s 500 Index futures added 0.7 percent. Wheat tumbled as much as 4.4 percent. Crude oil gained 0.9 percent.(...)"

Greece’s Papandreou Vows to Move Ahead With Austerity Steps

What could be the Greece futur? Economic damage link to the world Crisis and financial debt still made down step the économic country.

Biggest opposition party leader, Antonis Samaras, rejected new austerity plan.
After a package, with the additional 6 billion euros from European Union and the 50 billion euros of state-asset sales, may be Greece will see a speed économic revival.

Complete article By Maria Petrakis and Natalie Weeks
"Greek Prime Minister George Papandreou said he’ll press ahead with new austerity measures after failing to win backing from the main opposition parties as he races to keep bailout funds flowing and avoid default.

Antonis Samaras, leader of Greece’s biggest opposition party, New Democracy, rejected the plan at a meeting with Papandreou and other opposition leaders in Athens, saying his party wouldn’t be blackmailed. Papandreou said he will go ahead with the measures even while continuing to seek support and ruled out early elections.(...) The wage cuts and tax increases Papandreou has imposed under a 110 billion-euro bailout last year have prompted strikes and protests, complicating efforts for compromise on the new plan.

(...) READ THE FULL ARTICLE,Greece’s Papandreou Vows to Move Ahead With Austerity Steps