Balcerowicz blames delays in implementing reforms for weaker złoty

He said that unless the problem of fiscal reforms is solved, the currency will still remain weak. The chairman of the Central Bank said that there were some positive tendencies in the economy, such as low inflation, restructuring of companies and good results in foreign trade. "However, we spend more than we have in the budget, which leads to a rapid increase in public debt," said Balcerowicz. He also added that he was against interventions on the forex market in order to strengthen the złoty. (www.onet.pl) M.M.