France, Germany Reach Agreement On Recapitalization

10 Oct 2011

France, Germany Reach Agreement On Recapitalization President Nicolas Sarkozy of France and Premier Angela Merkel of Germany have reached an agreement on the recapitalization of European banks.

President Nicolas Sarkozy of France and Premier Angela Merkel of Germany have reached an agreement on the recapitalization of European banks. Recapitalization of U.K. banks has been estimated at EUR200 billion ($268.7 billion) by the International Monetary Fund and others. The two leaders say they expect to offer ...

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