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Euro rebounds ahead of EU plan to rescue Greece

Publié par Clifford Armion le 02/11/2010

David Charter, Charles Bremner and Rory Watson

"The euro regained ground today ahead of a key meeting between European leaders who are expected to announce a multibillion-pound rescue of the Greek economy to try to stop its debt crisis spreading to other countries.

"The euro rose by 0.37 per cent to $1.3783 after tumbling by 0.4 per cent yesterday, while stock markets also gained, with London's leading FTSE 100 index adding 39.17 points to 5,170.80 in early trading. France's CAC rose by 26.62 points to 3,662.23 while Germany's DAX added 25.05 points to 5,561.44.

"Finance ministers from the main economies in the single currency area, led by Germany and France, worked through the night to let the EU's new President, Herman Van Rompuy, save his first one-day summit from disaster by announcing a guarantee that Greece would not be allowed to fail."

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Pour citer cette ressource :

"Euro rebounds ahead of EU plan to rescue Greece", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), novembre 2010. Consulté le 27/02/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/euro-rebounds-ahead-of-eu-plan-to-rescue-greece