Euro drops below $1.1 as Greek exit risks grow

Tokyo (AFP) - The European single currency dropped below $1.1 in early Asian trade on Monday amid growing concern Greece was headed for financial collapse and a possible eurozone exit.

Prime Minister Alexis Tsipras stunned Europe on Friday night with a surprise call for a July 5 referendum on the latest cash-for-reforms package and advised voters against backing a deal that he said spelled further "humiliation" .... https://nz.news.yahoo.com