News Headline Summary

Greek socialist leader Venizelos says Greece has a government

Says:
- Cabinet make-up of new government will be discussed by this evening
- New Democracy, Pasok, and Democratic Left will take on the burden
- Key issue will be to form a a bailout renegotiation team

EUR/USD moved 6 pips to the upside in immediate reaction, although the reaction relatively muted as this decision today was largely expected by the markets.

Print 11:24, 20 Jun 2012 - Economic commentary - Source: Newswires