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Euro climbs as Greek debt fears recede

31/05/11 @ 08:25 GMT

Financial Times

Michael Derks, at FxPro, said: “The euro has drawn some comfort from this backdown by Germany. “That said, with Greece in disarray over the implementation of austerity measures and asset sales, there is still no guarantee that the IMF and the EU will agree to a new aid package for the country.”

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