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The crisis will cost $ 4 trillion

May 2009 | | Изпрати на приятел Send to a friend

International Monetary Fund (IMF) predicts that the price of the global financial crisis will be over four trillion dollars, AFP reported. In these four trillion dollars includes 2.7 trillion losses from bad loans in the U.S.. European losses will amount to nearly 1.2 trillion dollars, while those of Japan - 149 billion dollars.

This price includes money to be pumped into banks and other financial institutions to rid them from bankruptcy.

Assessment of the IMF for the period from mid 2007 to 2010.

This figure is twice larger than the previous February, with the IMF expected losses "only" 2.2 trillion dollars.

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