Euro lower Monday in early trading. Greece and Growth in focus.

Europe's Euro Currency EUR/USD is lower Monday morning at 1.1801. down 0.0023. A general election in Greece is scheduled for Jan. 25. Chatter is that global banks are running stress tests that cover a Greek default and exit from the Euro just in case something disruptive occurs. In other news a joint report by agencies in the Eurozone indicates growth will likely remain tepid. The report was published by statistics offices in France and Italy and Germany's Ifo Institute.