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Poland: Rostowski Wants to Cut the Interest Rates
People ♦
Published: February 21, 2013; 14:21 ♦ (Vindobona)
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According to Poland´s Minister of Finance Jacek Rostowski, the real interest rates are still too high. Rostowski wants to boost economic growth.
Poland: Rostowski Wants to Cut the Interest Rates / Picture: © Vindobona.org
The National Bank of Poland should cut the interest rates again, Rostowski claims. In the last months, NBP has reduced the interest rate from 4.75% to 3.75%. Rostowski thinks that Poland´s economy needs another reduction by 100 bps. Behind Hungary, Poland has the highest interest rate in Europe, he said. Even if NBP would cut the rate by 100 bps, Poland´s interest rate would be…
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