Euro hit by ratings warnings; stocks gain

Sophie Millet
Euro Greece
Image by karpidis

Euro hit by ratings warnings; stocks gain
LONDON: The euro slumped to a lifetime low versus the Swiss franc on Wednesday, Dec 22 following credit ratings warnings on Portugal and Greece but European shares hit a fresh 27-month high on growing optimism that the region’s economic recovery will continue next year.
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Alexandra Kosteniuk
Euro Greece
Image by karpidis