EU may still loan Tunisia $1 bln if it secures IMF support ...Kuwait

The European Union could still lend Tunisia's battered economy 900 million euros ($1.0 billion), an EU official said on Monday, but further talks will be in the third quarter and depend on a deal with the International Monetary Fund (IMF). Talks on a $1.9 billion IMF loan have been stalled since October after President Kais Saied rejected terms including subsidy cuts and a reduction in the public wage bill. "Macro assistance is still on the table but this needs to meet IMF conditions," said the EU official with knowledge of the negotiations. "Tunisia says it may not need an IMF agreement so we will see in Q3." Tunisia is on the edge of a major debt crisis and is suff

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EU may still loan Tunisia $1 bln if it secures IMF support ...Kuwait

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