|Page (1) of 1 - 05/22/14||email article||print page|
ECB officials agreed on Thursday that Franco-Belgian bank Dexia would not have to prove it could withstand a financial crisis in a Europe-wide stress test, sources say, reducing the chances of it needing further state aid. Belgium and France have already pumped nearly $16.4 billion into Brussels-based Dexia since the financial crisis, taking control of it in the process, and are keen not to put in more to a loss-making institution that is being wound down.
|ECB To Ease Stress Test For Franco-Belgian Dexia|
Source:GrabNetworks (c). All Rights Reserved