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Bloomberg

Euro Drops After Papademos Says Debt-Talks Issue Is Unresolved

February 08, 2012, 6:38 PM EST

By Masaki Kondo

Feb. 9 (Bloomberg) -- The euro weakened after Greece’s Prime Minister Lucas Papademos said political party leaders agreed on all measures to secure a second financing package except for one.

The shared currency fell 0.2 percent to $1.3229 as of 8:15 a.m. in Tokyo. It dropped 0.3 percent to 101.87 yen.

To contact the reporter on this story: Masaki Kondo in Singapore at mkondo3@bloomberg.net

To contact the editor responsible for this story: Jonathan Annells at jannells@bloomberg.net

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