France could lose €65 billion in case of a Greek default

Market news

9 July 2015

France could lose €65 billion in case of a Greek default

The Senate's finance commission said on Wednesday that France could lose €65 billion in case of a Greek default.

"Our country's total exposure to a possible Greek default represents around 65 billion euros, well above the 40 billion euros usually cited," Senator Alberic de Montgolfier said in a statement.

European Central Bank decides not to raise the amount of emergency funding (ELA) on Wednesday

OECD’s composite leading indicator declines to 100.0 in May

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