News Headline Summary

EU's Rehn says risk of fiscal stress in Spain has been reduced but is still elevated

- EU's Rehn is speaking after the release of the EU sustainability report.

- EU's Rehn says he is not a candidate to lead the Eurogroup.

Reaction details:

- No reaction in EUR/USD to these comments thus far but we shall continue to monitor.
- EUR/USD trades 1.3185 (+21 pips) last.

Print 10:25, 18 Dec 2012 - Economic commentary - Source: Newswires