Feb15
All Eyes on Greece as Euro Holds Steady
By Tom Higham
The currency markets are holding relatively steady today as analysts and economists wait for the news from the Eurozone with regards to the Greece bailout package. Opinion is widely split as to what affect the bailout package will have on Sterling Euro exchange rates. Some believe that with the Greek economy in a better state it will bode better for the Eurozone and therefore strengthen the Euro while others believe it sends out a negative signal to the likes of Spain, Italy and Ireland who will feel that regardless of how bad their economy gets they will be bailed out by the Eurozone.
So, today Greece really is the word!
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