27.11.2011, 21:20, The International Monetary Fund has prepared a 600-billion-euro emergency loan for Italy, news reports said on Sunday. If granted, the tranche will give Mario Monti’s government between 12 and 18 months to implement budget cuts and other urgent reforms. The money may also help remove the necessity of refinancing the Italian debt.The IMF said on Sunday that it would guarantee interest rates of up to 5 percent on the loan. Tags: IMF, Business, World, debt crisis in Europe , News, Читать далее, Source: Voice of Russia.
