The commission wants the Fund to restrict itself to short-term loans for economies in crisis at higher-than-market interest rates, rather than long-term concessional credit to cover balance-of-payments deficits.

CNN: ASIANOW - Asiaweek | Intelligence | The Week Ahead

But this market determines the price of long-term credit.

BBC: City Diaries: 4 June

What we saw was not a 50 percent reduction, but in fact a 39 percent increase, because investment in wind energy through the Recovery Act fixed the credit market as it related to investment in those long-term energy jobs.

WHITEHOUSE: Press Briefing

Earlier this year, the vast market for commercial paper suddenly dried up, but this was not an insurmountable problem for highly rated companies, which could draw down lines of credit, previously arranged with banks, or tap the market for long-term corporate bonds.

ECONOMIST: Signs of a crunch in America's markets for credit