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Dutch government grants emergency loan to Fortis

com.cn » 2008 » October » 7th » Dutch government grants emergency loan to Fortis

Dutch Finance Minister Wouter Bos has provided Fortis Bank Netherlands, which the Dutch government acquired last Friday, with an emergency loan of 34 billion euros ( 46.2 billion US dollars) to repay short-term loans, Dutch daily Financiele Dagblad reported Tuesday. According to a letter Bos sent to the Dutch parliament Monday, the credit was needed because Fortis Bank Belgium abruptly ended its … Continue Reading »

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