- Welcomes Greece’s will to take more measures if needed and commitment to fiscal program
- All EU zone members now signed amendment to EFSF, allowing more flexibility
- Will decide in October on disbursement of next tranche of aid to Greece
- EFSF loans will be funding costs plus EFSF operational costs
- If collateral is provided, it’ll be at an appropriate price
EUR/USD’s steady around 1.3815
