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Balcerowicz likely to balance a tame RPP with new tougher NBP board

Their functions are likely to be taken over by Jerzy Pruski, a former member of the Monetary Policy Council and Krzysztof Rybiński, the chief economist of bank BPH. Both candidates are considered as proponents of a restrictive monetary policy and in favor of substantial cuts in public expenditures. The changes may be seen as an attempt to take a stance against the doves of the new Monetary Policy Council. (RPP). (Rzeczpospolita, pp. A1, A2, B1) M.K.

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