Italy plans bailout of regions' medtech debt

03/24/2013 | Clinica

Italy is considering an emergency payout to cover the ballooning debt of regional health care authorities to biomedical firms. The total is now estimated at $6.5 billion, with average payment times of nearly 300 days. The European Commission has endorsed a relaxation of Italy's Stability Pact to enable the clearing of public debt to private businesses.

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