Bloomberg News

Euro Weakens as Europe Leaders Withhold Aid Before Greece Votes

November 02, 2011

Nov. 3 (Bloomberg) -- The euro declined against the dollar and the yen as European leaders said Greece won’t get any aid unless it agrees to bailout terms. The nation will hold a referendum next month on whether it stays in the 17-nation currency.

The euro fell 0.3 percent to $1.3708 as of 7:19 a.m. in Singapore, from $1.3747 yesterday in New York. It weakened 0.2 percent to 107.07 yen.

To contact the reporter on this story: Benjamin Purvis in Sydney at bpurvis@bloomberg.net

To contact the editor responsible for this story: Garfield Reynolds at greynolds1@bloomberg.net


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