Europe's Troubled IMF Borrowers

Forbes reports:

Amid the global financial crisis, several European countries faced serious economic distress and turned to external creditors, including the European Union and the International Monetary Fund, for emergency financing. This multilateral support relieved investors and calmed worries of full-fledged balance of payment crises. Nevertheless, these economies are not out of the woods. Political developments in countries like Iceland, Latvia, Romania and Ukraine could push the IMF loan programs off track, reigniting crisis fears.