Euro: Who Will Rescue Greece?

The European single currency dropped sharply in a highly volatile day on Thursday, as neither Greek officials, and ECB officials have found a solution to Greece's budget deficit issues, in a drama that has been a longer than traders in the region could esperar.Hoy after a major multi-nation European leaders using the euro, said a rescue plan would need the support of Greece International Monetary Fund, the euro fell against most of 16 major currencies traded on currency markets, the continuing uncertainty regarding several members of the eurozone growing budget deficit continue to affect confidence in assets in the region, as traders opt for safer bets at the regional level, as the Swiss franc, and the world, as the U.S. dollar. Each day that passes with Greece's budget crisis unresolved, will weigh more on the euro because the evidence not only financial complications in some countries Eurozone members, but also the inability of European officials to offer a viable solution to the problem which further atractivo.EUR euro / USD traded at 1.3463 as of 01:46 GMT at a rate above 1.3519 intraday .