Euro Line

Euro Line

A line of credit granted by a bank or other financial institution in a foreign currency. For example, a British bank may give a British client a line of credit denominated in U.S. dollars. A euro line may be useful if one has significant business dealings in another country and wishes to hedge one's foreign exchange risk.
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Oberbank, Austria's seventh-largest bank, despite its regional focus and limited exposure to the US financial system, signed an agreement to extend a 1 billion euro line of credit to Iran in September 2017.
French Foreign Minister Jean Yves-Le Drian said that it would provide a 400 million euro line of credit for the Army and ISF to purchase weapons and equipment.
BLUES THROUGH TOO BUT IT'S THE END OF THE EURO LINE FOR OSPREYS European rugby round-up: Sports pullout
In addition to the above, Italian financing agencies are setting up a 5 billion Euro line of credit and guarantees to fund infrastructure projects in Iran, 4 billion Euro for in- frastructure deals and 800 million Euro funding for Italian SME's doing business in Iran.
and an 86-billion euro line of credit, officials said.
Logan insists the cup crash is out of his mind - as all the Dons are thinking about is getting over the Euro line and then gunning for second spot.
The bailout includes a 12 bln euro line for banking sector recapitalisation.
Travellers on the Euro line coach from London to Dover had to get off to have their passports checked.
'It would be more likely to be in the 100 million to 500 million euro line, but if something came up in the range of a couple of billion we would still take a very hard look at it,' he said.
The power of the purse will force suppliers to fall in the euro line earlier.
Conair is highlighting two 1,875 watt hair dryers in its Euro Line. One model is full size in black with blue accents and features two speeds, three heat settings and a cool-shot button.