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FinMin wants to oust his deputy from office - PAP

15:59

Finance Minister Paweł Szałamacha has asked Prime Minister Beata Szydło to dismiss his deputy, Konrad Raczkowski, the Polish Press Agency said quoting an unnamed sources close to the government. Raczkowski said last Thursday that several small Polish lenders will fail this year, but their bankruptcies will not hurt Poland's financial system.
"Several banks are toxic and they will go bankrupt later this year," Raczkowski said. "But these are small banks, and that will not affect the Polish financial system." The following day, Szałamacha asserted the banking sector in Poland is stable and demanded explanations from Raczkowski. KNF spokesperson Łukasz Dajnowicz also stated that the banking system is "stable and efficient".
 

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