VOL. XXXI

NO. 10

14-DECEMBER-1987

Financial and Banking News

LOANS AND ISSUES

Egypt Signs Rescheduling Deal with Germany

Egypt and West Germany last week signed an agreement which reschedulesDM870mn-worth of government and commercial loans. The ten-year agreement, whichwas signed by the visiting West German Foreign Minister, Mr. Hans DietrichGenscher and the Egyptian Prime Minister, Mr. 'Atif Sidqi - includes a five-yeargrace period. According to a statement released by the West German embassy in...