Slovakia will lend up to €440 million to the International Monetary Fund

Slovakia and the International Monetary Fund (IMF) have signed a bilateral agreement under which Slovakia will provide the IMF with a loan amounting up to €440 million, the TASR newswire wrote on February 15. The agreement, signed by the governor of Slovakia’s central bank (NBS), Jozef Makúch, and the IMF’s managing director, Dominique Strauss-Kahn, became effective on February 12.

Slovakia and the International Monetary Fund (IMF) have signed a bilateral agreement under which Slovakia will provide the IMF with a loan amounting up to €440 million, the TASR newswire wrote on February 15.

The agreement, signed by the governor of Slovakia’s central bank (NBS), Jozef Makúch, and the IMF’s managing director, Dominique Strauss-Kahn, became effective on February 12.

The agreement falls within an EU commitment from March 5, 2009 to provide the IMF with immediate assistance of €75 billion. In addition to Slovakia, the Fund has signed respective agreements with another 14 member countries of the IMF. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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