Balcerowicz urges fiscal reform in Poland

Polish central bank governor Leszek Balcerowicz has urged the government to undertake serious fiscal reform measures. If Poland is to avoid repeating Argentina's mistakes, there is a simple choice: "Either tolerance for a large deficit or speedy economic growth."

Source: Deutsche Presse-Agentur

High budget deficits are causing systemic damage to the Polish economy that is hampering economic growth, said Leszek Balcerowicz, the central bank chief who oversaw Poland's transition to a market econo