And the Australian dollar is worth nearly 101 US cents this morning.It's also buying you 64 British pence and 127 New Zealand cents.

 

The newly-appointed Greek development Minister says his economy is on edge of a cliff.Kostis Hat-Zid-Akis says his government will need to win back the trust of investors and of the confidence of the markets in order to face,in order for a recovery to take place.He's part of the new coalition government that faces pressure to sovereign austerity measures.