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    Belgium looks to cut debt with BNP stake part sale

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    euronews (in English)

    by euronews (in English)

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    Belgium is reportedly considering selling part of its 10.3 percent holding in French bank BNP Paribas.

    The government of Prime Minister Elio di Rupo has to raise money to cut its debt below 100 percent of annual economic output, as agreed with the European Commission.

    The country's stake in France's biggest bank is worth around 6.3 billion-euros.

    ...
    http://www.euronews.net/