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Dexia deeper in the doldrums

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Dexia deeper in the doldrums

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Dexia’s shares started the week with a big sell-off, slumping close to 10 percent.

That was because of stock market uncertainty about how the Franco-Belgian bank will be split up following its latest rescue and continued fears of bankruptcy.

In addition, the European Central Bank said on Friday that guarantees the Belgium government is to offer Dexia will have to be introduced sooner.