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EU finance ministers agree on bridge loan for Greece from EFSM

FXStreet (Córdoba) - EU finance ministers have agreed on € 7 billion bridge loan for Greece from the European Financial Stabilisation Mechanism (EFSM), according to EU Juncker.

European Commission's Valdis Dombrovskis tweeted @VDombrovskis “There is an agreement in principle on EFSM-based #bridgefinancing for #Greece, procedure to be finalised by tomorrow at noon. #ECOFIN”

Gold weakens moderately after US data

Gold prices weakened moderately to USD 1142.90/Oz in the early US session after the labour department data in the US jobless claims fell more than expected last week.
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