Daily Israel Report
07:18
Reported

News Brief

  9/13/2012, Elul 26, 5772

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..