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Europe Daily Bulletin No. 10469

8 October 2011
GENERAL NEWS / (ae) eu/banking
Should the EFSF be used to shore up banks?

Brussels, 07/10/2011 (Agence Europe) - Steaming full speed ahead amidst the crisis surrounding Franco-Belgian bank Dexia, the talks about recapitalising European banks are looking at getting the EFSF bailout fund involved immediately to provide loans to shore up struggling banks. The idea is backed by the European Central Bank and France, but not the other AAA-rated eurozone nations like Germany. Ten days ahead of the European Council (17-18 October) which will be examining how to boost...

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