Friday, November 04, 2011

Berlusconi turns down IMF Loan

The FT carries the report, while most eyes are upon Athens, linked here. Note the following passage that ties in nicely with the Troika mentioned in British PM Cameron's paper to the G20 on Global Governance, presented earlier today, as follows:

The addition of IMF monitors, who will publish quarterly reports on Italy’s progress, makes the mission almost identical to so-called “troika” teams of Commission and IMF evaluators who conduct reviews of the eurozone’s three bail-out countries.

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