French finmin: 'nothing to fear' ahead of review of country's banks
WASHINGTON (Reuters) - France's finance minister said on Wednesday there was no reason to worry about an upcoming review of assets in French banks, an apparent bid to sooth concerns over the health of financial firms in the country.
"If I look at the French banks, I am confident there is nothing to fear about the asset quality reviews," Finance Minister Pierre Moscovici told journalists during a visit to Washington.
Earlier in the day, Canadian Finance Minister Jim Flaherty said the most worrying factor in the global economy is Europe, particularly the banks in France.
- Lost airliner was diverted deliberately: Malaysian PM |
- Exclusive: Radar data suggests missing Malaysia plane deliberately flown way off course - sources
- Malaysia PM says lost plane's movements indicate a deliberate act
- UPDATE 2-Satellite data shows missing Malaysia plane may have flown thousands of miles-source
- UPDATE 1-Rolls-Royce concurs with Malaysia on missing jet's engine data