Published on Dec 5, 2011 by Euronews
http://www.euronews.net/ Crisis-hit Franco-Belgian bank Dexia is getting temporary financing guarantees from Belgium, France and Luxembourg.
That will enable it to keep running while the countries work out the details of a 90 billion euro bailout plan they put together in October.
There are said to be differences between the three states over who should pay what and reports of fresh talks last month hit both Belgian government bonds and the euro.
Dexia says the agreement will cover as much as 45 billion euros of its financing needs to the end of May.
That will enable it to keep running while the countries work out the details of a 90 billion euro bailout plan they put together in October.
There are said to be differences between the three states over who should pay what and reports of fresh talks last month hit both Belgian government bonds and the euro.
Dexia says the agreement will cover as much as 45 billion euros of its financing needs to the end of May.
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