The debt will be well over $200 billion for us tax payers. Do you reckon it is/was worth while? Mr Rudd stated the debt will be temporary. How temporary do you reckon it will be? The Collins glossary states that the word temporary means ‘lasting only a small time’.
Prime Minister Vladimir Putin this week told banks that receive state aid to lend at no more than 3% above the central bank’s refinance rate, but the measure is unlikely to subsidy tiny- and mid-sized businesses.
After Russias Central Bank cut its refinancing rate to 11 %, Prime Minister Vladimir Putin believes Russian banks should be able to lend at 14 %.