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August 04, 2011


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Bensaid Didier

Interesting enough would be a detailed EU view, country per country of the outcome of states support plans. Figures, of course do not exempt from analysis but could not they be a hint to a “national business and Regulation approach”? Here below the French "balance Sheet"

“The French State support plan is to total € 2.7 billion to the state, coming from the remuneration of guaranteed emissions from SFEF- Financial market stabilization fund (€ 1.4 billion), revenues from dividends and premium refunds on capital provided by the SPPE, net charges of the latter (€ 0.8 billion) and compensation paid by Dexia on the guarantees that were provided by the State (€ 0.5bn). These € 2.7 billion have not been allocated to a particular item of expenditure and income were added to the general budget” (Excerpt from an answer to written questions at the French Senate –see link for full text in French -31/12/2009)


The bank bailouts could cost £66 billion to taxpayers and £1.5 trillion to the Public Debt. RBS and Lloyds have made good progress over the last two years and their goal remains the same which is to get the best possible value for taxpayers

Robin Scott

Its January 2015 now, and nowhere near the required SP. Given the huge volume of shares the UK Gov has purchased, they'll never shift them before the General Election. So we've sat on these shares for several years, and we're not close to an exit. We borrowed to make these purchases. Our councils are being squeezed; our public services are being squeezed; and our personal taxes remain as high as they have ever been. VAT is still at the 'temporary' 20% rate. Has this gamble yet paid off? Will it ever?

A Jackson-Jakubowski

The government can make a profit if waits long enough and curbs director's and bank executive's remuneration and pays bonuses when bank will be making profits

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