Dexia's woes hinder European efforts to contain crisis

10/5/2011 | Wall Street Journal, The

Eurozone officials are working to contain the sovereign-debt crisis, but a plan to break up Belgian-French bank Dexia puts a crimp in their efforts. Dexia is plagued by concerns about its exposure to the debt of Greece and Italy. Meanwhile, Moody's Investors Service slashed Italy's credit rating and indicated that further cuts might be necessary.

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Wall Street Journal, The

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