Bloomberg News

French Banks Have Enough Means to Recapitalize Alone: Pecresse

December 12, 2011

Dec. 11 (Bloomberg) -- French banks have enough means to recapitalize themselves without help from the government, Budget Minister Valerie Pecresse said.

“The state will not be putting money into French banks,” Pecresse, who is also the government’s spokeswoman, said on i- Tele television.

To contact the editor responsible for this story: Gregory Viscusi at gviscusi@bloomberg.net


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