Friday May 29, 2020

Greek exit could boost zloty, says Polish central bank

23rd June, 2015
The zloty has remained stable despite recent volatility

Poland could see its currency rise if Greece leaves the euro because its economy is the most balanced in the European Union, central bank Governor Marek Belka said.

“Paradoxically, we could witness inflows of foreign capital and the zloty could strengthen,” Belka told reporters in Warsaw Tuesday, when asked about the consequences of Greece dropping out of the currency union. “Our main line of defense is the fact that our economy is balanced, and even...

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