France could borrow to finance Dexia investment

Posted by admin | Finance | Monday 18 August 2008 10:19 am

PARIS, Oct 1 (Reuters) - France could finance its share of a
rescue of Dexia (DEXI.BR:
,
,
,
) (DEXI.PA:
,
,
,
) by borrowing the one billion
euros ($1.42 billion) it will invest in the Franco-Belgian bank,
government spokesman Luc Chatel said on Wednesday.
On Tuesday, France, the Belgian government and other
stakeholders said they would invest a total of 6.4 billion euros
($9.2 billion) in Dexia. The French state said it would invest
one (more...)

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