The euro has hit a five-month low against the
dollar as continuing concerns about the Greek economy weigh heavily on
The European single currency touched $1.4127 at one point on Wednesday, before recovering slightly to $1.4135.
Greece has passed measures to reduce its budget deficit dramatically,
some analysts believe the country's financial woes will persist.
Against the pound, the euro also fell, with a euro worth as little as 86.85p.
This was also its weakest position against sterling since August.
debt problems look to be deep-rooted and they cannot be resolved
immediately," said Takeshi Makita at the Japan Research Institute.