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IMF approves $A3.3b loan for Iceland

Reykjavík : Iceland | about 1 month ago
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The two-year loan, accompanied by quarterly reviews, was designed "to support the country's program to restore confidence and stabilise the economy," the IMF said in a statement. It was the first time a country in Western Europe had secured a loan from the IMF since Britain in 1976. When news happens:...

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