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.

Get daily Slovak news directly to your inbox

Top stories

Johnson Controls has announced mass layoffs.

Not just labour costs. What is behind mass layoffs in business service centres

Labour market watchers say the shared services sector in Slovakia is able to absorb ousted employees.

20 h
Illustrative stock photo

Some slots for vaccination remain empty, hospitals unable to fill them

It is possible to register as a stand-in, but every vaccination centre sets its own rules.

27. jan

News digest: Foreigners’ Police departments remain closed

Slovenia has ordered PCR tests developed by Slovak scientists. Holocaust survivors received the coronavirus vaccine jab.

20 h

Slovakia has more and more vaccines available. State lacks courage

Slovakia is taking a cautious approach to make sure it will be able to deliver second doses when needed.

27. jan