Published by Mark Smith-HalvorsenThe euro came under further pressure during foreign exchange trading this morning (February 16th) after EU finance ministers urged Greece to push through new fiscal control measures to prop up its economy.After a much anticipated meeting of finance ministers, Luxembourg's prime minister Jean-Claude Juncker, who chaired the discussion, said that Greece would be given 30 days to introduce new controls to resolve its burgeoning debt crisis.However, he reiterated an earlier pledge that the EU would provide support for Greece if the markets threatened to rack the Greek economy."What happened today is a clear reaffirmation of the ambitious, audacious and extremely new Greek plan to address and tackle the issue of excessive deficit," French finance minister Christine Lagarde told Reuters.The euro has fallen dramatically in recent weeks as the sovereign debt crisis has deepened, encouraging a flurry of forex hedging activity. The single currency this week touched a fresh nine-month low against the dollar.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site