March 23, 2010
France and Germany Get Behind Greece/IMF Agreement
The EUR USD finished lower as speculation continued to grow that Greece would have to seek financial aid from the International Monetary Fund. The good news is that France and Germany
are behind such an agreement, thereby increasing the chances that the process of obtaining a loan may be expedited. In addition, once Greece obtains a viable financial agreement with the IMF, more
European Union nations are likely to throw their financial support behind Greece.
This …
