Will Eurozone Governments Toss Greece a Lifeline?

February 10, 2010 /EIN PRESSWIRE/ The Euro rebounded Tuesday as currency traders speculated on whether the eurozone powers will bail out the debt-laden governments of Greece, Portugal and Spain.

Although a plan has not been confirmed, Reuters reports that the governments of the eurozone have agreed in principle to a Greek bailout. EU leaders will hold a special summit on Thursday, and analysts believe a resolution for the Greece issue to be decided upon then.

Next up: Portugal, Spain and Ireland. Can the euro retain its value with a trickle-down bailout of its heavily indebted nations?

Read more about this story at Forex Trading News Today:

Latest Greece Forex news – http://forex.einnews.com/greece/
Latest Germany Forex news – http://forex.einnews.com/germany/
Latest Euro & Forex news – http://forex.einnews.com/news/euro-forex

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