Poland Cuts it’s Interest Rates
In a sign that the Polish economy is facing difficult economic times, the Polish government have cut interest rates by a quarter point to 5.75%. Poland has also changed it’s predictions for economic growth in 2009. It’s predicted to be lower than the 4.8% originally predicted and is now predicted to be 3%. Other central eastern European countries have lowered their interest rates so that increased pressure on Poland to follow. Share and Enjoy:
In a sign that the Polish economy is facing difficult economic times, the Polish government have cut interest rates by a quarter point to 5.75%.
Poland has also changed it’s predictions for economic growth in 2009. It’s predicted to be lower than the 4.8% originally predicted and is now predicted to be 3%. Other central eastern European countries have lowered their interest rates so that increased pressure on Poland to follow.