Franco-Belgian bank Dexia has secured temporary financing guarantees of €45bn from Belgium, France and Luxembourg, according to reports.
Dexia said a draft temporary guarantee agreement was submitted to its board of directors and the European Commission today, Reuters reports. The lifeline will cover Dexia's funding needs until May next...
Open to investors this year
Multiple VCTs now less attractive
Last year's EU-influenced Budget brought the most significant changes to the VCT sector in over half a decade. Scott Longley asks industry specialists how the changes will affect them.
Hidden costs bite