Wednesday 22nd February 2012
Polish economy rock solid
20th January 2012
© FriendsofEurope, flickr.com
Rostowski is confident about Poland's economy
Finance Minister Jacek Rostowski has given Poland’s economy his vote of confidence by declaring it “as safe as a rock” this week.
Reports in Gazeta Wyborcza state that during an interview with TOK FM, the minister claimed he is even more optimistic about the economy than he was at the end of last year.
“Right now there is little reason for pessimism because we are witnessing the European Central Bank’s active policy,” he told the station.
He also added that the prime minister would be implementing even more economic reforms than he had originally stated last year.
Commenting on the recent credit rating reduction of several European Union countries by Standard & Poor, he stated that he wasn’t fazed.
“It helps Poland because I believe in the principal that the more different the EU, the better for us. On the other hand the new lower ratings of these countries can significantly change political rankings. Throughout the recent crisis, Standard & Poor has altered the ratings of different European Union nations 50 times and during this time, our economy has remained as solid as a rock.”
Jarek owns the largest house on the street. It’s also the most modern and boasts six bedrooms, three bathrooms and a colourful brick driveway that sweeps from the electric gates ... -
The signs are printed on various coloured pieces of paper and sit below the glass counter top. One reminds customers that they must spend at least 30 zloties if they ... -