Euro falls against dollar on Greek default fears Feb 10 03:30 PM US/Eastern NEW YORK (AP) - The euro is falling sharply against the dollar on fears that Greece won't be able to avoid a default. Greek leaders said Thursday that they agreed on new cost-cutting plans needed in order to receive a $172 billion bailout from its lenders. But European officials say that more cuts need to be made. If Greece doesn't meet Europe's demands, the country won't get the cash and could default on its debt next month. A default would cause losses for European banks and disrupt financial markets. The euro is down to $1.3191 from $1.3290 late Thursday. The British pound is down to $1.5751 from $1.5824. The dollar is up to 0.9175 Swiss franc from 0.9120 Swiss franc and to 1.0014 Canadian dollar from 99.50 Canadian cents.