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...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login