Dominique Strauss-Kahn, managing director of the International Monetary Fund, must be feeling a little awkward right now. During his visit in Warsaw, in the span of just a few hours, Poland’s central bank and finance ministry released separate contradictory statements: The central bank said Poland does not need to extend the IMF’s Flexible Credit Line; the finance ministry said the country does need to extend it.
“This doesn’t look good,” one local bank economist said. “It looks terrible,” adds another. “It would be better to meet up and discuss this.”
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