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Poland´s Komorowski: “Strong Swiss Franc Causes Problems”

Published: October 5, 2012; 19:30 · (Vindobona)

On the occasion of a visit in Switzerland, the Polish President Bronislav Komorowski explained that the strong Swiss franc is a problem for both countries.

Poland´s Komorowski: “Strong Swiss Franc Causes Problems” / Picture: © Wikipedia / Boston9

“The high rate of the Swiss franc causes problems for Poland and Switzerland.” Komorowski stated at a Swiss-Polish economic forum in Bern.

Komorowski explains that many young people took foreign exchange loans in the past. Due to the increase in the Swiss franc rate in the last years, many Polish loan takers are endangered of becoming insolvent.

As Switzerland is known…

This article includes a total of 98 words.

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