And if European countries continue to resort to rescue packages involving bodies such as the International Monetary Fund , this would further damage the euro 's reputation and could lead to a substantial fall against other key currencies , especially the U.S. dollar . European leaders are meeting in Brussels to try to solve Greece 's economic crisis . The Greek government is asking for a bailout of up to 240 billion euros ( $ 270 million ), but the EU has said it will only provide about 50 percent of that amount and give another 25 % Any deal will have to address threat of Europe-wide contagion leading to global financial slump .
European leaders are meeting in Brussels to try to solve Greece 's economic crisis . The Greek government is asking for a bailout of up to 240 billion euros ( $ 270 million ), but the EU has said it will only provide about 50 percent of that amount and give another 25 % Any deal will have to address threat of Europe-wide contagion leading to global financial slump .