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Belka: “Poland Is Free of Economic Imbalances”
People ♦
Published: December 6, 2012; 23:05 ♦ (Vindobona)

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The governor of the Polish National Bank (NBP) admits that the economic slowdown is substantial, but no fundamental problem.

The current economic situation would be serious, but Poland has no macroeconomic imbalances, Marek Belka said. As a result, Poland does not have to eliminate any inherited waste before the economy recovers. NBP´s governor does not think that Poland will fall in a recession next year. According to Belka, the current economic slowdown is cyclical. In the last quarter of 2010, Poland´s…
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