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European shares set to gain on ECB cheap loans
February 29, 2012 / 7:10 AM / 6 years ago

European shares set to gain on ECB cheap loans

LONDON, Feb 29 (Reuters) - European shares were set to gain at open on Wednesday as investors bet a large number of banks will take up the European Central Bank’s three-year cheap loans offering to help improve liquidity in the financial system.

At 0704 GMT, futures for Euro STOXX 50, for Germany’s DAX and for France’s CAC were up 0.3 to 0.4 percent.

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