2. 外语
  3. Following repeated delays, on November 19th the IMF finally approved a ＄2.1 billion loan to Iceland aimed at reviving the count

Following repeated delays, on November 19th the IMF finally approved a ＄2.1 billion loan to Iceland aimed at reviving the count

admin2010-10-28  93
问题      Following repeated delays, on November 19th the IMF finally approved a ＄2.1 billion loan to Iceland  aimed at reviving the country’s economy "after the collapse of its banking system in October triggered  a crisis of investor confidence and a sharp decline in the value of the Krona. The IMF loan is in the form of a two-year stand-by agreement, with Iceland able to draw about ＄825 million immediately and the remainder in eight installments each of around ＄155 million, subject to quarterly reviews.
     Negotiations over the IMF bailout(救援行动) had been ongoing for a number of weeks, held up not so much by the need for the government to meet requisite policy conditions as by an increasingly bitter dispute concerning the Icelandic state’s obligations to reimburse(偿还) depositors -- mostly in the UK, Netherlands and Germany -- holding savings accounts with Icesave, the online arm of one of the bankrupt Icelandic lenders, Landsbanki. Previously the government had threatened only to reimburse domestic depositors.
     Before the IMF loan could be agreed, Iceland had to commit to guaranteeing to each depositor the minimum payment of 20,887, as stipulated under European Economic Area (EEA) legislation that allowed Icelandic banks to operate in the EU. Precise details of how all the refunds will be made are still to be finalized, although it was stressed that today’s IMF loan will not be used to repay depositors.  The UK has loaned ＄3.3 billion to Iceland to cover the estimated 300,000 British depositors in Icesave. In a joint statement, the British, Dutch and German governments indicated that the countries will all work together "to conclude agreements on pre-financing that enables Iceland to meet its obligations toward depositors shortly."
     As well as reaching an agreement on Icesave, the IMF had also wanted confirmation of additional binding support from Iceland’s Nordic neighbors. Finland, Sweden, Norway and Denmark have agreed to lend a combined ＄2.5 billion, with Poland offering a further ＄200 million and even the tiny Faroe Islands stumping up ＄50 million. Talks are also believed to be ongoing with Russia, while EU countries may provide future funding.
What is IMF’s further plan in order to help Iceland get out of the trouble?
选项
答案The confirmation of additional funding support from Iceland’s Nordic neighbors.
解析 由定位句可以看出，鉴于冰岛目前的形势，IMF希望除了之前一些国家的援助行动以外，其北边的邻国也可以向冰岛提供资金援助，可见其进一步的计划就是the confirmation of additional funding support from Iceland’s Nordic neighbors。
转载请注明原文地址:https://kaotiyun.com/show/34z7777K
0

大学英语六级

相关试题推荐
随机试题
最新回复(0)