TITLE

Credit: The Contagion Spreads Eastward

AUTHOR(S)
Cardais, S. Adam
PUB. DATE
November 2008
SOURCE
Transitions Online;11/3/2008, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the financial crisis that spanned in the entire continent of Europe as of 2008. It states that the International Monetary Fund (IMF) was negotiating multibillion dollar bailout packages for Ukraine and Hungary, in which the latter of which had already received a nearly $7 billion credit line from the European Central Bank. Accordingly, the loan deals of IMF seems committed to restoring confidence in battered economies.
ACCESSION #
35442607

 

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