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FinMin: No hectic moves over Brexit

12:45

Finance Minister Paweł Szałamacha said on Wednesday that Poland is not going to be forced into any hectic moves in relation to the possible Brexit, however the country may expect a temporary weakening of the złoty. "Subsequently, the financial markets will look at the economy's basis, how we carry out our program, keep deficit in check , increase budget revenues and rationalize the spending sphere," Szałamacha said. "The ministry has gathered a huge reserve of hard cash - PLN 60 billion. We can observe the course of events on the financial markets for a few weeks, we will not be forced into any frantic moves." The official met with reporters prior to leaving for Germany, where he will meet with his counterpart Wolfgang Schaeuble.

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