Rumours swirl over which banks want help

French President Nicolas Sarkozy announced on the 13 October 2008 guarantees on interbank loans of up to €320 to shore up the financial sector. Additionally, €40 would be set aside to recapitalise French banks, he said.

ESO: Background information: EU states consider UK-style rescue scheme http://www.europeansources.info/record/eu-states-consider-uk-style-rescue-scheme/

France24, 13.10.08: Sarkozy announces 360 billion euro plan for banking sector http://www.france24.com/en/20081013-sarkozy-state-will-not-allow-french-bank-go-bankrupt-financial-crisis-loan-guarantees&navi=FRANCE

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