Poland’s GDP growth will likely slow down to slightly less than 2 percent, but no recession is envisaged this year, President of the National Bank of Poland (NBP) Adam Glapiński told a Wednesday press conference.
President of the National Bank of Poland (NBP) Adam Glapiński on Wednesday said Poland was exceptionally well prepared for the current crisis.
Market observers say that the central bank’s moves open the door for the country’s finance ministry to announce an anti-crisis fiscal policy on a large scale.
The management board of the National Bank of Poland on Monday supported the recommendation of the bank's president, Adam Glapiński, to cut Poland's interest rates in a bid to counter the undesirable economic effects of the coronavirus epidemic.
Poland's core inflation, excluding the prices of food and energy, measured 3.6 percent year on year in February 2020, against 3.1 percent in January, the National Bank of Poland (NBP) announced on Monday.
Poland's official reserve assets increased in December 2019 to EUR 114.51 billion from November's EUR 108.88 billion, the National Bank of Poland (NBP) announced on Tuesday.
Newly-released pictures show the crates containing 8,000 gold bars being received by an elite police unit before being loaded on to three armoured trucks and taken to secret National Bank vaults in what has been described as being one of the biggest private movements of gold between banks in the world.
Around 100 tonnes of Polish gold has been brought to the country, the National Bank of Poland (NBP) announced on Monday.
Words will help quell fears over the effects of a torpid global economy and less cash from a post-Brexit EU.
Poland's GDP growth is expected to reach 4.3 percent in 2019, 3.6 percent in 2020 and 3.3 percent in 2021, according to the November projection by the National Bank of Poland published on Tuesday.
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