EU to lighten up on monetary policy requirements

Market watchers have suggested that the proposed narrow exchange rate band of 2.25% for ERM2 countries may be softened for Poland and other countries who fear it would be difficult to conduct fiscal policy under those conditions.

Source: Warsaw Business Journal

The European Union's monetary affairs chief will soften his recently proposed stance on the Exchange Rate Mechanism 2 (ERM2) for Poland as the country begins to show signs that it will meet Maastrict criteria, Warsaw-based economists and

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