French oppose public help for banks: poll

17th October 2011, Comments 0 comments

The majority of French people oppose the use of public funds to support the country's banks, a poll to be published Tuesday found.

Asked about the idea of "the state contributing financial aid and boosting banks' capital," 59 percent were against while 41 percent said they were in favour in the survey to appear in L'Humanite newspaper.

Just four percent described themselves as "very much in favour", with 21 percent stating they were "strongly against" such a policy in the poll of 1,028 people carried out between October 11 and 13.

European leaders are considering forced recapitalisation of banks in order to make sure they can withstand a further writedown on the value of Greek bonds, which is now considered to be an essential to stabilise Greece's finances and resolve the debt crisis.

© 2011 AFP

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