Poland: Credit Line Renewed

Politics ♦ Published: January 19, 2013; 14:19 ♦ (Vindobona)

The IMF guarantees a credit line of € 26bn to the Polish government.

Poland: Credit Line Renewed / Picture: © Vindobona.org

According to the Polish ministry of finance, the government has secured a flexible credit lime from IMF. The ministry underlines that Poland´s creditworthiness can be graded as very high. The positive Polish macroeconomic policies are the precondition for the access to the flexible credit line, the Ministry said. The funds will be used only in case of a deterioration of the…