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Belka: Poland's labour market situation very good

12:34

Head of central bank NBP Marek Belka said that the situation on the labor market is very good and it could lead to wage growth and falling inflation. "A very good situation on the labor market - as usually is the case around the world - leads to a revival in wages. Why would this not happen in Poland? And this would weaken demand-driven deflation," he said. When asked by reporters about a new presidential proposal to convert FX mortgage loans, Belka said that Adam Glapiński, presidential candidate for the new head of the NBP, is the person to whom such questions should be addressed.

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