Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Dexia Doesn’t Have Urgent Need for Taxpayer Funds, L’Echo Says

Dexia SA doesn’t have an urgent need for additional taxpayer funds because its statutory equity still exceeded 50 percent of the share capital at the end of June under Belgian accounting rules, L’Echo reported, citing a person familiar with the matter.

A decision about additional funds for either Dexia or its French subsidiary Dexia Credit Local SA may have to be taken before the end of this year, the newspaper said, citing a Belgian government official it didn’t name. The annual cost of the fees Dexia has to pay for government backstops on its borrowings will reach almost 800 million euros ($980 million), eroding shareholders’ equity, according to L’Echo.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.