The euro's credibility could be jeopardized if Greek bond woes spread to larger economies such...

|By:, SA News Editor

The euro's credibility could be jeopardized if Greek bond woes spread to larger economies such as Spain, Goldman's Jim O'Neill says. Moody's dropped Greece's rating a benevolent single notch this morning, but further downgrades could trigger a cascade. For now, euro's flat at $1.4283.