However, the British Government will not be offering Portugal a bilateral loan as it did to Ireland.
The most interesting part is the final paragraph, which talks about bilateral loans to the IMF.
We are prepared to increase the resources of the IMF through bilateral loans.
Greece has to take the measures which are necessary, but not with bilateral loans.
That is why the European Commission has proposed a mechanism of bilateral loans managed by the Commission.
Allow me to stress that the Commission has made sure that the mechanism, whilst being based on bilateral loans, is a European one.
The Commission will also manage the bilateral loans from the Member States.
Terms are announced for €30 billion of bilateral loans (roughly 5% for a three-year loan).
"A bilateral loan is money that you have to go out and raise in order to lend it," Cameron said.
(constant 2008 dollars) in bilateral loans to the former Zaire during 1972 to 1987, however over 2003-2006, Canada provided Cdn.