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Feb 8, 2010 

Euro rebounds as debt fears ease slightly Currencies - by William L. Watts & Myra P. Saefong

Fears of a sovereign default in southern Europe eased somewhat Monday, allowing the euro to reclaim a little lost ground versus the U.S. dollar.

European Union officials attending the weekend meeting of finance ministers and central bankers from the Group of Seven industrialized nations offered a united front on Greece, saying they were confident Athens would be able to cut its deficit and vowing to closely monitor the Greek government's efforts.

For more: Euro rebounds as debt fears ease slightly Currencies - MarketWatch

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