Brussels, 22/12/2011 (Agence Europe) - On Wednesday 21 December, the European Commission authorised a temporary guarantee on the refinancing of Dexia SA and its subsidiary Dexia Crédit Local (DCL) for €45 billion by France, Belgium and Luxembourg.
The Commission had opened a far-reaching investigation and will take the definitive decision on this guarantee as part of its evaluation of Dexia's restructuring plan for which the different countries involved will have to provide it with a...