March 7, 2010
Greek Parliament Approves Budget; Euro Firms
The EUR USD finished the day higher after the Greek parliament approve a package of budget cuts and tax increases. These financial reforms prompted Greece’s prime minister to state
that it wouldn’t need aid from other European Union members. This was probably a response to reports from earlier in the week suggesting that Germany and France stood ready to provide aid to the
struggling nation. At one point this week, Greece was even willing to seek aid from the …
