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Dexia, France and Belgium will guarantee the financing

The two finance ministers, François Baroin and Didier Reynders announce it in a note – Meanwhile the financial group's stock market crash continues.

Dexia, France and Belgium will guarantee the financing

France and Belgium will do their utmost to revive Dexia, the financial group now dying due to the massive exposure to Greece. This morning the two finance ministers, François Baroin and Didier Reynders, assured the support of Paris and Brussels. Governments and their respective central banks "will take all necessary measures" to protect the financial group's creditors and account holders.

“We are committed to guaranteeing the funding raised by Dexia”, reads the joint note released by Baroin and Reynders. Meanwhile, the group's stock market crash continues, aggravated by press rumors according to which the Board of Directors is considering the hypothesis of dismantling.

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