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IMF loan of up to 40 billion Rajoy-Obama conversations. The Government is negotiating with the United States a 'plan B' to avoid the rescue by the ECB. The solution would be to have an IMF credit available, of up to 40,000 million, which Spain could use to cover urgent financing needs. Now, bailout of city councils. The Government will intervene in councils that ask for money in to pay suppliers. Madrid, Valencia and Zaragoza, the most monitored Rajoy's plan involves negotiating a loan with the International Monetary Fund taking advantage of the preventive credit lines of the organization led by Christine Lagarde , and in this way avoiding a rescue of Spain through the ECB . The credit, which could reach up to 40 billion euros , would allow the Government to have money to cover its urgent and immediate financing needs if there is an unforeseen worsening of the economic situation, and thus prevent any liquidity crisis . Direct line to Obama According to the sources consulted by ECD, Barack Obama 's latest statements ensuring that "Spain cannot be allowed to fall" have led the Minister of Economy, Luis de Guindos, to begin talks, at the highest level, with the president's team.
United States to close that aid. The director of the Moncloa Economic Office, Álvaro Nadal , is also involved in these negotiations with the White House . The President of the Government's economic team assures that the IMF will accept Mariano Rajoy 's proposal because the United States (which has 18% of the organization's shares) wants Middle East Mobile Number List to help Spain and, at the same time, finds itself increasingly further away from the harsh austerity policy imposed by Angela Merkel . They therefore defend more flexibility in adjustments for countries with problems. Less harsh conditions Government sources to whom ECD has had access explain that this solution through the International Monetary Fund would allow the country's financing costs to be considerably reduced. But, above all, it stands out that the conditions of the loan would be much more flexible than those required by Brussels , and would also give Rajoy more time to complete the planned reforms and do so more calmly.

Convicted of sexual abuse of a seven-year-old girl, daughter of a friend who welcomed him into her home, in Palma It is not overlooked that the organization led by Christine Lagarde will be more understanding towards Spain . In fact, the IMF has already expressed on some occasions that austerity is necessary but can be more gradual. And that Spain does not need to take more adjustment measures , but rather comply with those committed. Not having to improvise As reported in these pages, the Government is aware that Spain is running out of time and that the possibilities of requesting help from the ECB may be narrowing. Hence, he considers the month of January as the date to request a possible rescue from the European Union because he knows that in February it may already be impossible, due to the strong opposition that he may find then in Angela Merkel , on the verge of elections in Germany. . It is believed that the chancellor, after the regional elections in Lower Saxony and Bavaria in January, will begin to look more at German interests than at the defense of Europe .
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