Expats

Polish economy grows 4.3 percent in 2011 [Jan 29, 2012] Polish economy grows 4.3 percent in 2011 The figures released Friday by the Central Statistical Office underline how strongly the economy has continued to grow in Poland, the largest of the ex-communist countries now in the 27-nation European Union. Tusk also expressed satisfaction that the Polish currency, the zloty, has been appreciating for more than a week, giving relief to Poles who have ... [via YahooNews] More >>

Poland's central bank intervenes to prop up zloty [Dec 30, 2011] WARSAW, Poland (AP) ? The National Bank of Poland says it has intervened in the foreign currency market to prop up the zloty, which has weakened significantly in recent months. [via YahooNews] More >>

Poland's central bank intervenes to prop up zloty [Dec 29, 2011] The National Bank of Poland says it has intervened in the foreign currency market to prop up the zloty, which has weakened significantly in recent months. [via YahooNews] More >>

Debt Buybacks at High in Bid to Escape Austerity: Poland Credit [Dec 21, 2011] Poland is buying back the most Treasury bills in a year as the zloty?s steepest slide against the euro since 2008 threatens to push the country?s debt above the level that would force the government to raise taxes. [via YahooNews] More >>

Polish Central Bank Leaves Main Rate at Highest Since 2009 on Weaker Zloty [Dec 07, 2011] Poland?s central bank left its main interest rate unchanged at the highest in almost three years on concern a fall in the zloty will fuel inflation even as the euro area?s debt crisis threatens economic growth. [via YahooNews] More >>

Polish Central Bank Said to Sell Euros as Zloty Tumbles [Nov 23, 2011] Poland?s central bank sold euros on the market for the first time in seven weeks as the zloty hit a two-month low, according to dealers from three commercial banks in Warsaw with direct knowledge of the transactions. [via YahooNews] More >>

Polish Euro Peg in ERM-2 ?Not Practical? Now, President?s Adviser Says [Nov 16, 2011] Poland shouldn?t consider fixing the zloty to the euro in the European Union?s exchange-rate mechanism at a time when the currency bloc is in crisis, said Tomasz Nalecz, an adviser to President Bronislaw Komorowski. [via YahooNews] More >>

Zloty, Polish Bonds Gain on Euro Bailout, Pledge to Ensure Public-Finances [Oct 27, 2011] The zloty gained and Polish bonds rose as euro-area leaders agreed to expand a bailout fund to stem the debt crisis and a government adviser said Poland will ensure long-term stability of public finances. [via YahooNews] More >>

Polish State-Owned Bank Said to Sell Euro, Dollars on Market; Zloty Jumps [Sep 29, 2011] Poland?s state-owned Bank Gospodarstwa Krajowego sold euros and dollars on the market, helping pare the zloty?s steepest quarterly loss in 2 1/2 years. [via YahooNews] More >>

Polish central bank intervenes to support currency [Sep 26, 2011] WARSAW, Poland (AP) - Poland's central bank on Friday intervened to support the country's currency, the zloty, pushing it up against the euro and dollar after weeks of depreciation caused by fears of economic turmoil in Europe. [via YahooNews] More >>

Polish central bank intervenes to support its weakening currency [Sep 24, 2011] WARSAW, Poland - Poland's central bank has intervened to support the country's currency, the zloty, pushing it up against the euro and dollar after weeks of depreciation. [via YahooNews] More >>

Polish central bank intervenes to support currency [Sep 23, 2011] (09-23) 08:47 PDT WARSAW, Poland (AP) -- Poland's central bank on Friday intervened to support the country's currency, the zloty, pushing it up against the euro and dollar after weeks of depreciation caused by fears of... [via YahooNews] More >>

Polish central bank intervenes to support currency [Sep 23, 2011] Poland's central bank on Friday intervened to support the country's currency, the zloty, pushing it up against the euro and dollar after weeks of depreciation caused by fears of economic turmoil in Europe. [via YahooNews] More >>

Polish central bank intervenes to support its weakening currency [Sep 23, 2011] WARSAW, Poland - Poland's central bank has intervened to support the country's currency, the zloty, pushing it up against the euro and dollar after weeks of depreciation. [via YahooNews] More >>

Polish Stocks Extend Worst Slump in 2 Years on Bank Loan Concern [Aug 19, 2011] Polish stocks tumbled, extending the biggest slump in two years, on concern banks may face rising defaults on foreign-denominated mortgage loans because of the slide in the zloty against the Swiss franc. [via YahooNews] More >>

Polish Stocks Head for Biggest Two-Day Gain Since 2009 on Lenders, KGHM [Aug 12, 2011] Poland?s benchmark stock index headed for its biggest two-day gain since 2009 as a stronger zloty against the Swiss franc eased concern borrowers will default on foreign-currency home loans and copper producer KGHM Polska Miedz SA (KGH) reported a record profit. [via YahooNews] More >>

Polish finance minister vows to help economy [Aug 11, 2011] The finance minister has vowed Poland's leaders will take steps to guarantee financial credibility and economic health, the day after the stock exchange fell sharply and the zloty plunged in value. [via YahooNews] More >>

Poland?s Zloty Is ?Broadly? in Line With the Country?s Economy, IMF Says [May 13, 2011] ?The zloty is broadly in line with its fundamentals,? James Morsink, the IMF?s mission chief for Poland , said in an interview in Warsaw yesterday. [via YahooNews] More >>

Poland Unexpectedly Raises Rates as Price Growth Quickens [May 11, 2011] Poland?s central bank unexpectedly increased its benchmark interest rate for the third time this year after inflation reached the highest in 2 1/2 years, boosting the zloty and prompting investors to bet on further moneteary tightening. [via YahooNews] More >>

Central Bank Chief Sees More Zloty Losses Paving Way for Polish Rate Rise [Mar 18, 2011] The zloty?s recent weakening isn?t a concern for Poland although further losses could provide additional justification for increasing interest rates, central bank Deputy Governor Witold Kozinski said today in Warsaw. [via YahooNews] More >>