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Industrial bailout plan studied by western powers
Nations explore a multibillion dollar aid package modeled after New York City's rescue. Italy may be first to receive help with Britain and others likely to follow. Officials say aid would require budget balancing and inflation concerns, possibly via IMF lending and unused GAB funds.
MENTIONED IN THIS ARTICLE
San Juan
Puerto Rico
New York City
U.S
Italy
Great Britain
New York
Washington
Britain
United States
International Monetary Fund
Treasury
William E. Simon
IMF
Congress