Sunday

28th Aug 2016

Ticker

France and Belgium inject more billions to save Dexia bank

Belgium's finance ministry confirmed Thursday a deal with France to pump an additional €5.5bn into saving Dexia bank, of which Belgian tax-payers are to pay 53%. Last year the bank received €6.4bn in public funds to stay afloat. The capital injection require approval from Dexia shareholders and the European Commission.

News in Brief

  1. Hungary plans to reinforce border fence against migrants
  2. France's highest court suspends burkini ban
  3. Greeks paid €1bn more in taxes in June
  4. Greek minister denounces EU letter on former statistics chief
  5. Turks seeking asylum in Greece may cause diplomatic row
  6. Merkel becomes digital resident of Estonia
  7. Report: VW will compensate US dealers with €1bln
  8. EU mulls making Google pay news media for content

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