Cautious reaction from markets to Greek bailout

  • 12 years ago
European markets reacted cautiously to news of the deal on the Greek bailout.

The euro steadied after an initial jump - first rising over half a cent against the US dollar to a two-week high, before stabilising in early trading.

European stocks were lower after the agreement removed the threat of a messy debt default.

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http://www.euronews.net/