Dexia Bank to Give Restructuring Plan to EU April 17, Soir Says

Dexia Bank Belgium SA, the former Dexia SA (DEXB) unit now owned by the Belgian government, plans to submit its restructuring plan to European Union regulators next week, Le Soir reported, without saying where it got the information.

Dexia, which is changing its name to Belfius, will hand the plan to the European Commission on April 17, Le Soir said. It didn’t give any details of the restructuring measures. The EU must approve the plan to authorize Belgium’s bailout of the bank.

To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.