Oct. 24 (Bloomberg) -- French Finance Minister Francois Baroin said that his country’s banks will probably be able to meet tougher European Union capital requirements without tapping government support.
“These are profitable companies,” Baroin said today on Europe 1 radio. “What I’m telling you is that they’ll do it on the basis of their profits. There won’t be public support in the sense that the French banks probably won’t need to take public support.”
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