Question

Euro credits

A. short- to medium-term loans of Euro currency extended by Euro banks to corporations, sovereign governments, non prime banks, or international organizations.
B. are credit cards that work in the euro zone.
C. are denominated in currencies that are the same as the home currency of the Euro bank.
D. none of the options

Answer 1

D) none of the options

Step-by-step explanation:

Euro-credits are not necessarily loans handed out in euros. This term refers to loans that are handed out in a different currency than the official currency of the bank giving the credit. For example, a US bank giving a euro-credit in Japanese yens or Australian dollars.