Text Version
RSS Feeds
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  -Text Version
  -RSS Feeds
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
Polish central bank sees no threats to Polish economy
+ -
09:49, August 18, 2007

 Related News
 German shares surge after U.S. Fed rate cut (2)
 South African rand recovers
 China "regrets" U.S. filing IPO complaint to WTO
 Comment  Tell A Friend
 Print Format  Save Article
Poland's economic fundamentals are stable and positively viewed by investors, Polish central bank ( NBP) head Slawomir Skrzypek said in a statement on Friday.

Skrzypek stressed that recent index declines have no relation to the country's economic situation and rather reflect situation on the global financial markets.

On Thursday, all the main indexes lost value on Warsaw Stock Exchange as nervousness over sub-prime mortgage defaulting in the United States spreads around the world.

"The fundamentals of the Polish economy are stable and positively perceived by all investors. We have low inflation and high economic growth, which is creating a quick decline in unemployment and good corporate results. Additionally, the current account deficit remains at safe levels," Skrzypek was quoted by Polish PAP news agency.

"We do not, therefore, observe threats to the Polish economy," he assured.

According to Skrzypek the Polish currency zloty has remained relatively stable in comparison to other currencies of the east European region.

Source: Xinhua

  Your Message:   Most Commented:
Respond "Nanking" with humanity, respect, tears & applause: Interview
Week's special: Summer peak transportation of rails
NATO, caught in "transformation"
Roadside bomb blast kills 26 people in SW Pakistan

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved