December 20, 2016 / 10:00 AM / a year ago

Poland asks to halve IMF credit line to 8.3 bln euros

WARSAW, Dec 20 (Reuters) - Poland’s finance ministry said on Tuesday it had asked the International Monetary Fund to halve its Flexible Credit Line to about 8.3 billion euros ($8.62 billion).

Poland has a FCL agreement in place since 2009 to use at times of crisis, but has never used the money. The IMF will probably decide on Poland’s request mid-January, the ministry said. ($1 = 0.9632 euros) (Reporting by Marcin Goclowski; Editing by Marcin Goettig)

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