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La Stampa: IMF 600 billion 123 euro loan to Italy | Bilge my Yatirimci.co
Ercan Kumcu
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La Stampa newspaper yesterday, according to a report, the IMF, Italy in case of worsening of the debt crisis in this country 600 billion euros (794 billion dollars) is preparing a recovery plan up.
La Stampa, 400 billion and 600 billion euros of credit to Italy, debt refinancing requirement, eliminating the budget cuts and growth-oriented reforms to implement 12 to 18 months provides a window will be noted.
The report, the IMF's loan receivable from interest rate 4 percent in 5.0 percent to be at and it's two and a five-year term İaly bonds interest of 7 percent on the go, considering that a much better cost of borrowing was emphasized.
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