The euro, which started diving early in the Asia section, continues to slide.
The first contributor to the euro's was obviously the big day for the anti-bailout True Finns.
Now Moody's is downgrading all of Ireland's bank to junk.
Also, there have been several rumors this morning about to do a debt restructuring, something the government officially denies. Greek 10-year yields are nearing 14%!
In addition to the selloff in the euro, European equity markets are down across the board.
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See Also:
- Finland Getting Closer To Killing The Portuguese Bailout
- The True Finns Are Galloping Towards Huge Election Gains
- The German Government Is Designing Plans For A Greek Debt Restructuring
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