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Poland

Poland targets ERM-2 by 2011

Marian Noga, a member of the ten-strong council of the Polish central bank, said on Monday that Poland should join the ERM-2 exchange rate mechanism in 2011.

Euro expectations stabilise currencies

Relatively stable market expectations for euro-locking rates have fixed the exchange rates of three central European currencies, research published by the National Bank of Hungary finds.

Polish legality issue reveals law's flaws

Krzysztof Rybiski, a former deputy president of the National Bank of Poland, has said the arguments over the legality of organisational changes proposed by Slawomir Skrzypek show "serious flaws" in the design of the country's central bank act.

Ex-Polish deputy responds to Pruski criticism

Krzysztof Rybiski, the deputy governor of the National Bank of Poland who resigned at the start of this month, has rebuffed criticisms of the central bank made by his fellow deputy, Jerzy Pruski, who quit last week.

Second Polish deputy resigns, slams governor

Jerzy Pruski, a deputy governor at the National Bank of Poland, has resigned, citing differences with Slawomir Skrzypek, the governor of the central bank. Pruski's departure follows that of his fellow deputy, Krzysztof Rybiski, earlier this month.

Poland holds rates

The National Bank of Poland's rate-setting council decided to hold rates on Wednesday after data revealed economic growth will be slightly weaker than expected.

Why Poland's MPC held rates

According to minutes published on Friday, Poland's Monetary Policy Council (RPP) decided at its meeting on 25 and 26 September that as the medium term probability of inflation running above the inflation target (2.5% year-on-year) had fallen there was no…

Poland looking to join ERM2, says Skrzypek

Poland will be able to cut its general government deficit to below 3% of GDP by 2009, as pledged by the government, which would allow it to join the exchange rate mechanism ERM2 the same year, deems National Bank of Poland (NBP) governor Slawomir…

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