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28.11.2011
Italy will receive from the IMF term loan of 600 billion euros
Italy will receive from the IMF term loan of 600 billion euros

IMF ready to give Italy an emergency loan of $ 400 to $ 600 billion euro, the interest rate on it will be from 4% to 5%, according to Italian channel "RAI-Neuse-24"

Information on the possible allocation of tranches was the first concrete sign of confidence in certain international financial institutions to the new government of Italy, led by Professor Mario Monti, the ITAR-TASS reported.

The public debt of the republic is 1.9 trillion. euro, so it was expected that Rome will seek financial assistance from the European Union (EU) and the IMF, as is already done in Greece, Portugal and Ireland.

http://focus.ua/economy/209175/

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