The IMF is drawing up a 600 billion euro ($794 billion) bailout plan for Italy as a safeguard for the country in the event that the its debt crisis escalates even further, reported Italian daily La Stampa as cited by AFPon Sunday.

Source: Economy Watch

http://www.economywatch.com/in-the-news/imf-preparing-794-billion-bailout-for-italy.28-11.html