Citifx Saw Two Potential

(Reuters) - The euro dropped against the dollar on Monday as Greece's political leaders delayed a decision on a new bailout package, raising concerns of a disorderly default that could spread to other debt-ridden countries in the region. A European Commission spokesman said Greece was already past the deadline for finalizing talks on a second financing package and needed to move urgently. German Chancellor Angela Merkel told Greece to make up its mind quickly on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day. "Headlines out of Europe are affecting sentiment on the euro. Earlier, we had hit stop losses in the euro and we saw it trim some losses. But it's more of the same," said Brian Dolan, ...