Today: PRAGUE POST - Greek vote fails to dispel fears - Business, Jun 22, 2012

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Jun 22, 2012

PRAGUE POST - Greek vote fails to dispel fears - Business, Jun 22, 2012

 "The outcome of the Greek elections June 17 may have allowed Europe to breathe a sigh of relief, but it appears the euphoria was only temporary amid growing concerns over stability in the eurozone.

Having hit a one-month high following the news from heavily indebted Greece, the euro tumbled sharply to $1.26/euro, as did most major stock markets. The Czech crown also felt the drop in confidence, closing June 18 at 25.51 Kč/euro, just slightly stronger than the opening value of 25.53 Kč/euro."



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