The governments of France, Belgium and Luxembourg say they are giving struggling lender Dexia a yearlong bank guarantee.
The guarantee follows three days when Dexia's shares fell even after it received a 6.4 billion euro cash injection from the three governments last week. Belgian Prime Minister Yves Leterme said the guarantee would cover all new agreements with international lenders, new interbank deposits and new institutional loans of up to three years.
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