http://www.bloomberg.com/news/2013-01-09/poland-cuts-main-rate-for-third-meeting-to-spur-flagging-economy.html
Anticipating slower 2013 growth in the EU and with inflation...the central bank...for the 3rd consecutive meeting... lowered its benchmark rate...by 25 bps...to 4%.
The EU region buys more than half of all Polish exports.
After months of reluctance...since November...the Cbank has lowered its benchmark by 75 bps.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- PUERTO RICO: The Enigma of Tourism.
- CZECH REPUBLIC: Attempts To Ban The Communist Party.
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- ROMANIA: After Court Overturns Austerity Measures, Huge VAT Increase Proposed To Protect IMF Aid.
- COLOMBIA: FARC Abducts & Murders Provincial Governor.
- MEXICO: Update On The Electric Power Takeover.
- URUGUAY:Defeats So.Korea 2-1; In Q-Finals For 1st Time in 40 Years.
- ARGENTINA: MaradonaTo Continue As Soccer Coach.