A big hat tip to Jck at Alea:

“France will propose at the Saturday meeting a European rescue plan with a volume of 300 billion euros” a source told Reuters.

Cost of insuring French government debt from default:

Merde.

This entry was posted by Sam Jones on Thursday, October 2nd, 2008 at 9:35 and is filed under Capital markets. Tagged with Bailout, france, sarkozy. Edit this entry.