Euro Slides to Weakest Since 2000 Versus Yen on Crisis

The euro weakened to the lowest in more than 11 years against the yen as investors sought safer assets amid mounting concern that European leaders are failing to control the region’s debt crisis.

The 17-nation currency slid to its lowest in more than two years against the dollar, falling below its lifetime average. It extended losses versus the dollar and yen as Moody’s Investors Service cut to negative its outlooks on Germany, the Netherlands and Luxembourg. Six Spanish regions may seek aid from the central government, El Pais reported, spurring bets the nation’s finances will worsen and pushing Spain’s 10-year bond yield to a euro-era high.