The Belgian Bank Dexia is to be nationalised and spit up at the cost of hard pressed Belgian and French taxpayers.
The rescue of Dexia, which has global credit risk exposure of $700 billion, more than twice Greece's GDP. Dexia has 7 billion euros of securities linked to U.S. mortgages
Stange who EU laws are ignored when it suits them.
If banks make such stupid investments then they should be left to go under.
The rescue of Dexia, which has global credit risk exposure of $700 billion, more than twice Greece's GDP. Dexia has 7 billion euros of securities linked to U.S. mortgages
Stange who EU laws are ignored when it suits them.
If banks make such stupid investments then they should be left to go under.
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