Operations such as Dexia Credit Local, Italian Crediop and Spanish Sabadell would be put into a "bad bank", which would receive a guarantee from Belgium and France. Full Article at Independent.ie
BRUSSELS (Reuters) - Belgium will appoint the former chief executive of financial group Fortis, now known as Ageas ,... Full Article at CNBC
(Updates with comments from finance ministry, others at meeting) BRUSSELS, April 26 (Reuters) - Bailed out... Full Article at Reuters Mobile
Overview -- Belgium-based Dexia Bank S.A. , to be renamed Belfius Banque & Assurances, has reduced to zero its... Full Article at Reuters Mobile
Rating Action On April Full Article at Reuters Mobile
(The following statement was released by the rating agency) Overview -- Belgium-based Dexia Bank S.A. , to be... Full Article at Reuters.co.uk
Quotes mentioning Belgium and Dexia
In Belgium, the resolution of Dexia has caused collateral damage with fiscal repercussions ... Based on current estimates, the eventual fiscal cost may be up to 0.75% of GDP.
Dexia Bank Belgium, and that was an arrangement within the group, has always acted as a liquidity centre. It was its duty to fund the other entities
The costs of Dexia’s guarantee are putting Belgium’s finances under such pressure that France may have to take a larger slice of the losses, which some analysts feel could be the straw that may break the back of France’s credit rating
There are also top-level discussions in Paris, because France knows that Belgium cannot solve the issue by itself, and it is not an option to let Dexia go under
The Belgian state is guaranteeing the continuity of the bank and that means all of Dexia Bank Belgium's clients' funds are guaranteed
One of the possibilities to consolidate Dexia Bank Belgium is, at a certain point, to ensure that it is taken up by the government
In the framework of Dexia's restructuring, the governments of France and Belgium, in coordination with our central banks, will take all necessary steps to ensure the protection of depositors and creditors
We are giving a new government guarantee and will take all the initiatives necessary for Dexia Belgium to consolidate. We still believe it has a future.
There was an agreement to isolate past charges, coupled with a need for guarantees from the Belgian and French states in order to guarantee the activities of Dexia Bank Belgium
Quotes by Belgium about Dexia
Quotes by Dexia about Belgium
People look at a wall reading 'Belfius' (standing for Belgium, finances and 'us' in English), the new name of Dexia Bank Belgium, at the... View Photo »
People look at a wall reading 'Belfius' (standing for Belgium, finances and 'us' in English), the new name of Dexia Bank Belgium, at the... View Photo »
Jos Clijsters, the CEO of Dexia Bank Belgium now known as Belfius, poses in front of a wall reading 'Belfius' (standing for Belgium,... View Photo »
Axel Miller, former CEO of Dexia, is pictured during a session of the special chamber commission Finance on Dexia, at the federal... View Photo »
A man checks his cell phone in front of the French-Belgian bank Dexia Belgium headquarters in Brussels, Sunday, Oct. 9, 2011. The board... View Photo »
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