Monday

30th May 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. EP president rules out return to German politics
  2. Austrian far-right wants to probe election fraud accusations
  3. Irish PM warns Brexit could bring back border controls
  4. Truckmakers risk record cartel fine
  5. London mayor teams up with British PM on Brexit
  6. Syrian refugees sue Denmark over immigration law
  7. Ukraine bans Gorbachev for backing Crimea's seizure
  8. Dozens dead in two shipwrecks outside Libya

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