6533b86ffe1ef96bd12cd911

RESEARCH PRODUCT

THE LENDING ARRANGEMENTS OF THE IMF IN EUROPEAN UNION IN TIMES OF CRISIS – CHARACTERISTICS AND EVOLUTIONS

Orastean Ramona

subject

IMF lending arrangements EU countries crisis

description

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).

http://eccsf.ulbsibiu.ro/RePEc/blg/journl/9112orastean.pdf