Uploaded by FinancialNewsOnline on Nov 23, 2011
The New York Times reported that IMF's new fund, designed for countries in relatively good financial health but facing liquidity problems, could lend Italy about $123 billion.
Smaller countries facing fallout from the euro zone crisis would be helped by the IMF funding, and last week a spokesman for the funds said that developing countries have expressed willingness to increase the money available to the IMF, the Times notes.
Smaller countries facing fallout from the euro zone crisis would be helped by the IMF funding, and last week a spokesman for the funds said that developing countries have expressed willingness to increase the money available to the IMF, the Times notes.
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