Central Banking

Balcerowicz proposed for Polish central bank chief

Poland's president on Thursday named Leszek Balcerowicz, the architect of the country's free market reforms in the early 1990s, as his candidate to become the new central bank chief, the presidential press office said.

"Balcerowicz is the author of Poland's economic success. If he wins parliament's approval, which is very likely, he will be a good central bank governor," said Andrzej Potocki, spokesman of the liberal Freedom Union (UW), which Balcerowicz leads.

Balcerowicz, 53, plans to quit

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