Reuters: Greek PM expels lawmaker for breaking ranks on key austerity vote.
EUR/USD settling down after rallying on the talk of combining the EFSF with ESM. The ESM will not come into being until mid-2012, so still a bit short of what the market would like: an immediate solution.
News that Berlusconi passed over Bini-Smaghi to head the Bank of Italy and news that a socialist MP broke ranks with the government helped stall the rally.