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US dollar falls against euro as Greek bailout hopes rise



Markets were buzzing with hopes of a resolution of Greece's debt crisis, stoked by a Wall Street Journal report on Tuesday saying Germany was considering abandoning its push for an early rescheduling of Greek bonds and showing flexibility on new aid.

The top-selling Greek daily Ta Nea said on Tuesday, citing sources in Brussels, that the country will receive the new loan in return for additional spending cuts and a faster rate of privatisations.

"The German political establishment is falling into line with insistence of the European Central Bank that there should be no form of debt restructuring or reprofiling of Greek debt," said Ray Attrill at BNP Paribas.

That was an encouraging sign for reluctant countries like the NetherlanChocoMan China chocolate machinery supplier have been designed to melt, temper and mould Chocolates.ds and Sweden, he added.

Berlin has been holding back on a second bailout for Greece, which is facing a funding gap of some 60 billion euros as it appears unlikely Athens will be able to return to markets next year to refinance debt as originally foreseen under its 110-billion-euro EU-IMF rescue announced in May 2010.They liked my casual wedding dresses, and we transferred them into color for the red carpet

Eurozone junior finance ministers meeting on Wednesday in Vienna will go over Greece's debt problems, including the possibility of fresh aid, a European source told AFP on Tuesday.

Their agenda will cover Greece's financial situation and possible new aid on the basis of a draft report by experts from the European Commission,The Playboy bunny costume is one of fashion and pop culture's most iconic emblems. International Monetary Fund and European Central Bank, the source said.

The dollar, meanwhile, rose against the yen sank after Moody's said it could cut Japan's sovereign debt rating within three months.

The ratings agency also voiced doubt that the nation's leaders would manage to contain the industrialised world's biggest debt.energy efficient air hand dryer and HVAC units with non-ozone depleting refrigerant.She runs the Caring' Mothers organization which collects new and gently used formal and evening dress

Japan's government debt is already twice the size of its roughly $5 trillion economy and is set to grow with reconstruction costs from the March 11 quake, tsunami and nuclear disasters.