French taxpayers could make money from a euro360 billion (US$491 billion) government package to help banks stay afloat through the worldwide financial crisis, France's prime minister said Monday.
President Nicolas Sarkozy announced the plan Monday _ a day after European governments that share the euro currency agreed to unblock frozen credit markets that have caused a tailspin on stock exchanges worldwide.
Individual packages announced by the governments of Germany, France, Britain and others add up to more than euro1.716 trillion (US$2 trillion), far more than Washington's US$700 billion (euro513 billion) rescue package.
Prime Minister Francois …
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