The Lending Arrangements Of The Imf In European Union In Times Of Crisis – Characteristics And Evolutions
This paper focuses on the lending arrangements of the IMF in EU countries during crisis period. First, we reviewed the literature regarding IMF-supported programs in times of crisis. On the other hand, we provided a description of the IMF arrangements in EU countries in 2008-2013. We found that these programs differ in type, duration, amount and conditionality, but not significantly in their key objectives (achieving sustainable public finances and ensuring financial sector stability).
Volume (Year): 9 (2014)
Issue (Month): 1 (April)
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