Posts Tagged ‘European’

U.S. Futures Surge to Daily Limit on European Loan Package

U.S. Futures Surge to Daily Limit on European Loan Package
U.S. stock-index futures rallied, with the contract on the Standard & Poor’s 500 Index touching its daily limit, after European policy makers unveiled a $1 trillion loan package to contain a sovereign-debt crisis.

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Eurogroup Greece Loan Offer Boosts European Currency

Eurogroup Greece Loan Offer Boosts European Currency
The euro has risen in value as a result of the multi-billion loan package proposed by the 16-member Eurogroup to financially struggling Greece.

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€130m European Council loan for Mater Dei hospital

€130m European Council loan for Mater Dei hospital
The government’s debt with the European Council for the construction of Mater Dei hospital is over €129 million. In 1994 and 1997 the government asked the European Council for a €11.5 million loan. This loan was to be paid by 2007.

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