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Europe Daily Bulletin No. 10111

2 April 2010
Contents Publication in full By article 20 / 27
GENERAL NEWS / (eu) eu/economy
Czech Republic to lend IMF €1 billion

Brussels, 01/04/2010 (Agence Europe) - On Wednesday 31 March, the International Monetary Fund signed an agreement to provide the Fund with up to €1.03 billion. The agreement is part of a commitment made by the European Union in March 2009 to contribute up to €75 billion (then equal to about US$100 billion) to support the IMF's lending capacity.

The group of the richest countries and emerging countries in the G20 made a commitment in April 2009 to triple the IMF's resources so that it...

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