Paris - French Prime Minister Francois Fillon has threatened to nationalize any French bank receiving emergency government aid that does not extend loans to businesses, the online edition of the daily Le Figaro reported on Monday.
Interviewed for a television program to be broadcast late Monday, Fillon said, "If we feel that the banks are not doing the necessary work ... we will take back the credits we have given them."
Without this government aid, Fillon said, the banks will find themselves in difficulty.
"The next question is if we will then take over the bank's capital, possibly to change their leadership, to oversee their strategy," he said.