The 27-member bloc agreed to double loans available to eastern European countries to $68 billion and to contribute about $100 billion to the IMF as part of an overall funding increase so the institution can help countries worldwide battle the economic downturn.
VOA: standard.2009.03.20
U. member, one wonders if Poland and other former EasternBloccountries have really turned the corner in economic development and conducting business.
Living in post-Franco Spain, along with his visits to former EasternBloccountries like Hungary and Romania, taught him something about dictatorships in transition, he says.
The idea of applying these fracing techniques to Europe is appealing, especially in Eastern and Central Europe, where the former Soviet bloccountries still largely depend on imported natural gas from Russia for domestic consumption.