Euro Gains on New Governments in Italy, Greece
By Candice Zachariahs and Masaki KondoThe euro rose for a third day on prospects market confidence in Italy’s ability to contain its debt will be revived after Mario Monti, a former European Union competition commissioner, takes over as prime minister.
The 17-nation currency advanced against the yen afterGreece’s finance minister said his priority is to ensure the country receives a sixth loan under an EU-led bailout after Prime Minister Lucas Papademos took charge as head of an interim government.
Comment: There are still many here among us who still haven't gathered that the silly game is over. The hyenas must go home without a prey.