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    • Euro may drop below 1.30 to dollar: StanChart

      Politics is the key thing in Greece says Sarah Hewin, senior economist at Standard Chartered Bank. According to her, there is potential for Euro to drop below 1.30 over the course of the next few months

    • Italy accepts IMF monitoring, EU looks for support

      Italy, under fierce pressure from financial markets and European peers, has agreed to have the IMF and the EU monitor its progress with long delayed reforms of pensions, labour markets and privatisation, senior EU sources said on Friday.

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