France injects €10.5bn in the six largest banks
October 21, 2008 at 07:50 AM EDT
[Skip to the end] If growth continues to slow down this won’t be nearly enough to cover capital yet to be lost. Also, with more slowing, the French deficit widens threatening their solvency and ability to fund: France injects €10.5bn in the six largest banks; doubts about the 2009 GDP growth forecast The French Finance Ministry said Monday night [...]
