France and Italy stand by to bail out biggest banks as euro crisis worsens

President Nicolas Sarkozy is having to confront the possibility that the country’s second-biggest bank is on the brink of disaster after huge losses over loans made to Greece.

Source: http://www.dailymail.co.uk/news/article-2023302/France-Italy-stand-bail-biggest-banks-euro-crisis-worsens.html?ITO=1490

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