Euro drops below $1.1 as Greek exit risks grow

GMT 00:03 2015 Monday ,29 June

Arab Today, arab today Euro drops below $1.1 as Greek exit risks grow

Tokyo - Arab Today

The European single currency dropped below $1.1 in early Asian trade on Monday amid growing concern Greece was headed for financial collapse and a possible eurozone exit.

Prime Minister Alexis Tsipras stunned Europe on Friday night with a surprise call for a July 5 referendum on the latest cash-for-reforms package and advised voters against backing a deal that he said spelled further "humiliation".

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