IMF: New Central and Eastern European Constituency

Politics ♦ Published: July 11, 2012; 18:16 ♦ (Vindobona)

Austria, Belarus, the Czech Republic, Hungary, Kosovo, the Slovak Republic, Slovenia and Turkey have established a Central and Eastern European Constituency at the International Monetary Fund.

IMF: New Central and Eastern European Constituency / Picture: © IMF

Following several months of negotiations, the Constituency Agreement was signed in Vienna on July 12, 2012, by the ministers of finance, central bank governors and other high-level officials representing the Constituency in the presence of the President of the Federal Republic of Austria. The new Constituency will have one seat on the Executive Board of the IMF as of November…