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“Sweat, but no blood or tears”

19th November 2011

© lemoniada, flickr.com
Poland
Poland's economy is in fine shape according to the head of the Polish National Bank
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Head of the Polish National Bank (NBP) Marek Belka spoke out this week claiming that Poland had little to worry about when it came to its future finances.

“We are not moving ever closer to the borders of a recession. These are just fears without reason,” said Mr Belka on news site TVN24, before stating that all he sees is an overwhelming desire from politicians to tighten belts.

Regarding Prime Minister Donald Tusk’s recent announcement of financial reforms, he added, “There will not be blood or tears, but there will be sweat upon the head of the PM.”

Last week, Finance Minister Jacek Rostowski stated that next year’s budget will be prepared taking three separate variants ...

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