Balcerowicz survives

Embattled central bankers in Poland triumphed after a skirmish with finance minister Kolodko, who has now resigned after failing to sandbag the central bank into shelling out a further 5bn zlotys (having already parted with 9bn zlotys) from its revaluation reserve to line the 2004 budget. The central bank's governor, Leszek Balcerowicz, refused to buckle under pressure, arguing that it would be unconstitutional. Dariusz Rosati, member of the Monetary Policy Council, remarked, "If the future

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: