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Europe Daily Bulletin No. 10629

8 June 2012
Contents Publication in full By article 22 / 35
ECONOMY - FINANCE - BUSINESS / (ae) state aid
Dexia given bigger temporary guarantee

Brussels, 07/06/2012 (Agence Europe) - On Wednesday 6 June 2012, the European Commission approved a €10 billion increase in the cap on the temporary guarantee granted by Belgium, France and Luxembourg for Dexia's refinancing needs (Dexia SA and Dexia Crédit Local - DCL)), thus raising the cap to €55bn, as requested by the three countries (see EUROPE 10628). The Commission has approved the extension until 30 September 2012 in order to ensure financial stability because the bank runs the...

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A LOOK BEHIND THE NEWS
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
SOCIAL AFFAIRS - CULTURE
EXTERNAL ACTION