Central Banking

Poland to use bank reserve for budget contribution

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Poland's finance minister said on Friday that up to a third of central bank revaluation reserves could be used in Poland's contribution to the European Union budget.

Source: PAP news agency

Finance Minister Grzegorz Kolodko said on Friday [28 February] that he wanted to use one-third of the revaluation reserve of the Polish National Bank (NBP) for the budget fund to co-finance investments from the European Union budget.

"I think that one-third of the revaluation reserve could be used to co

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