61. But negotiations have stalled over whether the investors will contribute to the emergency loan, banking officials said. 62. But quick, decisive action by banking authorities to make emergency loans to Cosmo appeared to calm nerves among depositors and prevent the malaise from spreading. 63. Central bank officials were meeting Thursday to determine whether Monte de Piedad was eligible to receive emergency loans. 64. German President Roman Herzog met his Georgian counterpart Wednesday, and the two hailed trade and signed an emergency German loan for the troubled Caucasus Mountain nation. 65. He said an emergency loan was needed to help chicken vendors and other affected workers. 66. He said the government should support banks by issuing emergency loans and stabilizing the ruble by intervening at the currency market. 67. However, The Financial Times reported, citing unidentified bankers, that Chubais has been the one contacting Western banks about the emergency loan package. 68. In a briefing yesterday, Bangko Sentral ng Pilipinas Deputy Governor Alberto Reyes said Richmond had never sought an emergency loan from the central bank. 69. In August, creditor banks provided emergency loans when Haitai subsidiaries first defaulted on maturing loans. 70. It wants the IMF to focus on short-term emergency loans and to withdraw from making long-term loans to poor countries that can obtain money from private sources. |
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