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IMF Bails Out Hungary, Ukraine

Multibillion-dollar loans prop up Eastern Europe's basket cases

By Jason Farago, Newser Staff

Posted Oct 27, 2008 8:47 AM CDT

(Newser) – The IMF will provide multibillion-dollar loans to Ukraine and Hungary, which have followed Iceland to become the latest national victims of the global financial crisis. Ukraine will receive a $16.5 billion loan, while the specifics of the Hungary deal are still being worked out.... Read full story »

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IMF Bails Out Hungary, Ukraine

Multibillion-dollar loans prop up Eastern Europe's basket cases

International Monetary Fund • IMF • Hungary • Ukraine • financial crisis • Hungarian forint

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