Dexia said today its Belgian subsidiary will be bought by the state for €4bn as part of a restructuring of the bank amid a severe liquidity squeeze.

Euro Disney has reached an agreement with its creditors that should ensure its survival from a €2.4bn debt.

French police are investigating three cases of a suspicious powder discovered in the mail.

Raymond Abescat, believed to be the world's oldest First World War veteran, has died in France at the age of 109.