Forex News

French President Nicolas Sarkozy promised on Sunday that euro zone countries would help Greece if its financial problems worsened and vowed a crackdown on market speculators whom the Greeks blame for their woes.

March 7 (Bloomberg) — Former Federal Reserve Chairman Paul Volcker said European officials are lucky that the euro region’s first major crisis was sparked by one of its smaller members and he’s confident the currency will survive.

March 7 (Bloomberg) — French President Nicolas Sarkozy said the euro region is ready to rescue Greece should the government struggle to fund its budget deficit, arguing that the country is “under attack” from so-called speculators.