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    France to study debt guarantee plan: MP

    HotNewsTurkey with wires
    12.10.2008 - 15:22 | Son Güncelleme:

    The French government will on Monday propose a law designed to offer a state guarantee for banks endangered by the global financial crisis, AFP reported citing a ruling party deputy on Sunday. (UPDATED)

    "The text would very probably be approved by parliament during the week," senator Philippe Marini, a parliamentary official, also told Reuters.

    France's cabinet which usually meets on Wednesdays will meet on Monday afternoon to discuss the proposal.

    Photo: AFP

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