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?
- MEXICO: 28 April UPDATE: More Death Discovered In Durango...As Body Count Grows Again By 8; Total 104...So Far.
- CHILE: Trapped Miners Seek $541k Each in Negligence Lawsuit.
- COLOMBIA / PERU / CHILE / MEXICO: New "Pacific Alliance" Begins.
- CHILE / NEW ZEALAND: Santiago Eyes Volcanos For Geothermal Energy.
- MEXICO: Pemex Oil Exports Seen Ending...In 10 Years.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- MEXICO: Guapo But Bobo...PRI's Pena Nieto Still Leads To Succeed Prez Calderon.
- BOLIVIA : Sole Plane Crash Survivor Describes Ordeal: Drinking Urine, Eating Bugs.
- MEXICO : The Tragic Decline of Industrial Powerhouse Monterrey.