PARIS -- Frances President Nicolas Sarkozy says countries that use the euro will temporarily guarantee bank refinancing to ease the credit crunch. Sarkozy says the measure taken by the leaders of the 15 nations that use the currency is not a gift...

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FRENCH President Nicolas Sarkozy today announced a €360 billion ($730 billion) bailout plan to pump capital into the country's banks and underwrite loans between them. France will guarantee up to €320 billion ($650 billion) of interbank loans taken...
PARIS (AP) - France's President Nicolas Sarkozy says countries that use the euro will temporarily guarantee bank refinancing to ease the credit crunch. Sarkozy says the measure taken by the leaders of the 15 nations that use the currency is "not a...
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