News Briefs

  Elul 26, 5772 , 13/09/12

Egypt Needs Over $10 Billion to Stabilize Economy

An European Union official estimates that Egypt will need over 10 billion dollars in order to be able to stabilize its economy.

According to the official, the EU and several other ocuntries are debating whether to give economic aid to Egypt over and above the 4.8 billion dollars the Cairo government has requested from the International Monetary Fund..

Other archived news briefs:Sep 13 2012, 07:18 AM, 9/13/2012