The kiwi dollar initially dropped almost half a cent against the euro but has stabilised in the days since - with special audio feature.
Jason Walls and Westpac's Imre Speizer discuss the global currency market news on NBR Radio and on demand on MyNBR Radio.
"Clearly the Europe of austerity has won," Greece's Reform Minister George Katrougalos told BBC radio.
Doom or bloom?
The kiwi touched 71.20 euro cents over the weekend, and was trading at 70.95 cents at 8am in Wellington, from 70.89 cents at 5pm on Friday.
Warren Buffett says he thought the euro had “structural problems” from its inception.
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