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    3 EU Nations Bolster IMF Reserves

    By Ma. Rizza Leonzon // 14 February 2010

    The International Monetary Fund will receive financing from three European nations. Belgium has offered some USD6.4 billion for the fund, while Malta and Slovakia will jointly provide USD765 million. The financing, Dow Jones Newswires reports, forms part of the European Union’s USD178 billion funding boost to help IMF mitigate the impacts of the global economic crisis.

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    • Ma. Rizza Leonzon

      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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