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  • IMF, EU ‘Showed Very Strong Desire’ to Help

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IMF, EU ‘Showed Very Strong Desire’ to Help

IMF, EU ‘Showed Very Strong Desire’ to Help

Accelerated flow of funds and cheap credits “led to enormous misbalances in the current accounts in many countries” in Central and Eastern Europe, Martin Marinov from Raiffeisen Capital Management told CNBC Monday. The IMF and European Union served as a support for these countries and “showed very strong desire and determination to help,” he added.

CNBC | November 2, 2009Watch more videos from CNBC

Tags:. .raiffeisen. .cnbc. .imf. .cheap. .capital management

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