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French and German leaders pledge bank recapitalization
French and German leaders announced on Sunday that they will come up with a package
of reforms to recapitalize banks, get Greece on the right track and fix Europe’s economic
governance. The plan for restructuring is expected to be announced by the November 3,
2011. The announcement came on the same day that the governments of France, Belgium
and Luxembourg agreed to nationalize Dexia Bank, Belgium’s biggest bank, infusing it
with billions of euros in taxpayer money after it became a casualty of the Greek sovereign
debt crisis.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
French and German leaders pledge bank recapitalization
French and German leaders announced on Sunday that they will come up with a package
of reforms to recapitalize banks, get Greece on the right track and fix Europe’s economic
governance. The plan for restructuring is expected to be announced by the November 3,
2011. The announcement came on the same day that the governments of France, Belgium
and Luxembourg agreed to nationalize Dexia Bank, Belgium’s biggest bank, infusing it
with billions of euros in taxpayer money after it became a casualty of the Greek sovereign
debt crisis.
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