Poland Pressed to Cut Rates

Politics ♦ Published: May 17, 2013; 11:53 ♦ (Vindobona)

IMF urges Poland to further cut rates.

Poland Pressed to Cut Rates / Picture: © IMF

On Thursday, the International Monetary Fund (IMF) announced that the Polish Monetary Policy Council should continue without postponement to improve policies in order to strengthen the countries weakening economic growth. “Despite its resilience in recent years and very strong fundamentals, the Polish economy has slowed markedly,” Julie Kozack, who headed the fund’s mission to…