Bloomberg News

Baroin Conirms Europe Banks Need About EU100 Billion Refinancing

October 24, 2011

Oct. 24 (Bloomberg) -- French Finance Minister Francois Baroin said European governments have agreed that the region’s banks need to add about 100 billion euros in capital to their balance sheets. He spoke on Europe 1 radio.

To contact the reporter on this story: Mark Deen in Paris at markdeen@bloomberg.net

To contact the editor responsible for this story: Mark Deen at markdeen@bloomberg.net


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