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Flash: Euro Holds Steady After Greek Deal

The euro was little changed against the dollar on Monday after Greek Prime Minister George Papandreou and opposition leader Antonis Samaras agreed on a new coalition government to approve a euro zone bailout deal before elections.

The euro was at $1.3781 in early Asia-Pacific trade, versus around $1.3764 in late trade in New York.

The agreement came after the two leaders held talks with the president in an effort to break a political deadlock and thrash out a deal for a national unity government demanded by the country’s European partners.


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One comment

  1. one legged stool

    interesting euro prop. anyone think this can last past the new year?

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