13.10.2008 14:21

European bank bailuot plans:Summary of intended/rumoured plans so far:

GERMANY: total volume of German financial rescue plan is E470bln (E400bln in guarantees and E70bln bank recapitisation).
FRANCE: French state bank guarantees limited to E300bln and will run until to end 2009.
UK: UK government announced Monday it was making stg37 billion of capital investments in leading UK banking group's, RBS and Lloyd's/TSB when the merger between the latter two is completed.






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