French, Belgian Governments Are Behind Dexia, Reynders Says

The French and Belgian governments are ready to back their country’s banks in case of need, including Dexia SA (DEXB), Belgian Finance Minister Didier Reynders said.

“France and Belgium are ready to support their banks,” Reynders told reporters in Luxembourg. Dexia wasn’t one of the banks that regulators raised concerns about following European Union stress tests earlier this year, he said.

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