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Dominique Strauss-Kahn (centre): G20 leaders recently pledged to increase the fund's standard financing capacity to $750bn (Photo: EUobserver)

Poland asks for €15.5bn credit line from IMF

Poland announced on Tuesday (14 April) that it will apply for a €15.5 billion ($20.5bn) credit line from the International Monetary Fund.

Warsaw is to make the request via a new lending facility created by the International Monetary Fund last month to enable primarily emerging countries with "strong economic fundamentals" to bolster their finances in a pre-emptive bid to prevent financial difficulties from arising.

Speaking in Warsaw, Polish Prime Minister Donald Tusk said his go...

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Dominique Strauss-Kahn (centre): G20 leaders recently pledged to increase the fund's standard financing capacity to $750bn (Photo: EUobserver)

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