Euro Dumps As Greek Bailout Thrown Into Doubt

Euro dumps as Greek bailout is thrown into doubt as the German Ministry of Finance is talking tough and asking for further assurances that the country will continue with the cost cutting reforms after the election in April. The currency shed more than 50 ticks against the dollar trading at $1.3066, the day's low, also against the yen at 102.54, and also against the pound at 0.8334.