France curbs stock options for bailout companies

Newswire

PARIS, March 30 (Reuters) - French banks and carmakers that have benefited from government bailouts in the economic crisis will have to scrap stock option grants until at least the end of next year, Prime Minister Francois Fillon said on Monday. The measure will be passed through a special government decree that comes into effect from Tuesday without the need for the parliamentary debate that would be needed for standard legislation. Fillon said France's six big banks -- Societe Generale ...

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