CNBC: The euro slid 1 percent against the yen, hitting its lowest level in more than 11-1/2 years on Monday, pressured by fears that Spain may eventually need a full sovereign bailout…
Against the dollar, the euro sank below $1.2100 for the first time in more than two years, hitting a low of $1.2093 on EBS and creeping ever closer to the 2010 trough around $1.1876…
Over the weekend, the Spanish region of Murcia said it would seek government financial assistance, and media reported that half a dozen other regional governments were ready to follow in the footsteps of Valencia, which said on Friday it would seek help… (more)