NEW YORK (MarketWatch)
The euro lost ground and Treasury prices pared their declines on Wednesday following anews reports that The European Central Bank won’t conduct monetary policy operations with some Greek banks that don’t have enough capital
The Reuters report, which said some Greek banks must go to the Bank of Greece for emergency liquidity assistance, follows reports earlier in the day about massive deposit withdrawals from Greek banks
The euro gave up a small gain to buy $1.2721, versus $1.2725 Tuesday
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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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