NBP's Belka: Monetary policy does not have to deal with crisis in Poland.

By bne IntelliNews October 29, 2012
Poland is not in a crisis situation and monetary policy implemented here does not have to deal with a crisis, according to governor of the National Bank of Poland (NBP) Marek Belka. He stressed, though, that it is a crisis is seen in the euro zone. Both government and central bank representatives repeatedly said that Poland is experiencing an economic slowdown that is to reach its lowest level next year, but they see no risk of a recession. Simultaneously, they stress that Poland's financial sector is sound, while the public finances are undergoing austerity measures and are in a safe area.

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