Poland's central bank will stick to its tight monetary policy since the current economic trends do not justify changes, PAP news agency reported, quoting member of the monetary policy council, Anna Zielinska-Glebocka. She pointed out the strong inflation pressure over the domestic economy as the main reason. The council will abstain from chaotic moves, Zielinska added, commenting on the recent financial market developments. |
The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more
The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more
When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more