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The Swiss franc fell against the euro on Tuesday, with the common currency broadly supported by a report that Germany could make concessions on efforts to put together a bailout for Greece. Germany is considering dropping its push for an early rescheduling of Greek bonds in order to facilitate a new package of aid loans for Greece, the Wall Street Journal reported, citing people familiar with the matter.
By 0515 GMT franc was trading 0.5 percent lower compared to the New York close at 1.2234 per euro. The franc inched up 0.1 percent against the dollar to trade at 0.8506 per dollar.

Copyright Reuters, 2011

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