Euro falls to $1.35 as Greek debt woes continue, eurozone reports higher unemployment

Euro falls to $1.35 in European morning trade

FRANKFURT — The euro is lower against the dollar amid lingering worries about Greece’s debt problems and rising unemployment in Europe.

The 16-nation euro is at $1.35 in European morning trade Thursday, down from $1.3510 late Wednesday in New York.

The British pound trades at $1.5228 from $1.5181, while the dollar has risen to 93.63 Japanese yen from 93.46 Wednesday.

Despite a eurozone bailout program last week, Greece’s borrowing rates have not fallen as investors remain worried about its ability to manage its debt load.

On Wednesday, official figures also showed eurozone unemployment rose to 10 percent in March from 9.9 percent the previous month despite a drop in Germany, Europe’s largest economy.