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Dexia approved for another € 10 billion in refinancing guarantee

By  |  June 6, 2012

The European Commission has approved increasing Dexia’s temporary refinancing guarantee by € 10 billion, bringing the total amount to € 55 billion. The guarantee is granted by Belgium, France, and Luxembourg. It is approved until September 30, 2012.

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    The increase follows the Commission’s May 31 decision to extend its assessment of Dexia’s resolution plan.

    Full content: EC Press Release

     

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