The euro surged Monday after eurozone countries unveiled a massive package to support debt-laden Greece, giving a boost to most Asian shares.

Standard Poors said the debt rollover plan for Greece may temporarily place the country in selective default if the French plan allowing bondholders to The Greek debt crisis is endangering the economies of at least five other EU countries the head of the eurozone group of finance ministers has warned. Luxembourg Prime ATHENS Greece (AP) Ignoring increasing calls to step down Greeces prime minister says he is seeking emergency talks with the opposition and warns that an early election Tags: greek, scraps, referendum, greek, UPDATE 3-Banks back creaking LONDON/FRANKFURT July 1 (Reuters) International banks and insurers attempted to paper over major cracks in a proposed rollover on Friday saying there should be dropped ecb board member says to involve private sector in cutting greeces public should be shelved.