Poland will become one of the countries giving financial support to Iceland for reasons that suit Warsaw's political agenda.
Poland will join the consortium of states that will financially support Iceland following the crisis in its banking system, Poland’s Finance Ministry announced Nov. 7. Iceland was one of the countries hit first and hardest by the global financial crisis. It already has offers for loans and bailouts from both the International Monetary Fund (IMF) and Russia, but this new consortium — made up of the IMF, Scandinavian states, the United Kingdom, Holland and now Poland — will allot $6 billion to help Iceland.