The euro weakened sharply Friday, as impending elections in Ireland revived concerns about the euro zone's unresolved debt crisis, which momentarily overwhelmed nervousness about slower U.S. growth and geopolitical instability.
Ireland, one of the 17-nation currency bloc's most troubled economies, has pledged to adhere to an austerity program designed to cut the country's debt load. The conditions are also part of EUR67.5 billion in loans from the European Union and the International Monetary Fund.
Ireland, one of the 17-nation currency bloc's most troubled economies, has pledged to adhere to an austerity program designed to cut the country's debt load. The conditions are also part of EUR67.5 billion in loans from the European Union and the International Monetary Fund.
