Brussels, 06/06/2012 (Agence Europe) - On Wednesday 6 June 2012, the European Commission said that it had received an official request from France, Belgium and Luxembourg to increase the temporary guarantees to cover Dexia's finance needs from € 45 billion to €55 bn until it is wound up. The Commission will now examine whether the extension is justified (in the light of the bank's finances and the aid it has already been granted).
The request comes at a time when Dexia has virtually...