Instruments for Supporting Members of the Eurozone in Overcoming the Financial Crisis Utilised by The International Monetary Fund Using the Example of Greece

Agnieszka Wicha

doi:10.21697/priel.2018.7.2.02

Published: 2020-01-06

Vol. 7 No. 2 (2018)

Instruments for Supporting Members of the Eurozone in Overcoming the Financial Crisis Utilised by The International Monetary Fund Using the Example of Greece

Agnieszka Wicha

Polish Review of International and European Law

Section: Articles

https://doi.org/10.21697/priel.2018.7.2.02

Abstract

The purpose of this article is to present the instruments and resources used by the International Monetary Fund to support the euro area countries in overcoming the financial crisis on the example of Greece. The article points out types of loan instruments and other measures taken by the IMF to support Greece. The author also indicates the reforms that had to be made at the IMF for a better and more efficient operation of this institution against the challenges of the global crisis. In addition, the specificity of cooperation between the IMF, the European Commission and the European Central Bank is analyzed.

Keywords:

IMF, financial crisis, international financial obligations, European Stability Mechanism, EU

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Wicha, A. (2020). Instruments for Supporting Members of the Eurozone in Overcoming the Financial Crisis Utilised by The International Monetary Fund Using the Example of Greece. Polish Review of International and European Law, 7(2), 123–146. https://doi.org/10.21697/priel.2018.7.2.02

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