Overnight euro Libor unaffected by news of €200 billion EU support

The European Commission (EC) unveiled a substantial aid program yesterday to provide "a timely, targeted and temporary fiscal stimulus" worth approximately 1.5% of the GDP of EU countries.

The recovery plan would provide €170 billion from the domestic budgets of member states, and around €30 billion from the union-wide budget. Heads of state will be asked to approve the plan at the European Council on December 11-12.

In the UK, overnight sterling rose to 3% from 2.99%, while no overnight dollar

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here