NBP, FinMin see no threat for Poland resulting from Greece's debacle.

By bne IntelliNews April 29, 2010
Even though the fiscal crisis in Greece is increasing the uncertainty in international financial markets, it will not pose any threat for Poland , acting governor of the National Bank of Poland (NBP) Piotr Wiesiolek has said. A similar statement was made by finance minister Jacek Rostowski. They both stressed that Poland still enjoyed strong macroeconomic fundamentals. On Tuesday, in the face of deteriorating fiscal situation of Greece and a surge of this country's bond yields, the Polish zloty depreciated notably, but on Wednesday, it rebounded and traded at PLN 3.92 per euro in the afternoon. ISB, tom

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