Gronkiewicz-Waltz says no decrease in interest rates likely in Q1 of 2001
National Bank of Poland (NBP) president Hanna Gronkiewicz-Waltz said on
Friday in Paris that she sees little likelihood of a decrease in interest
rates within the first quarter of 2001. She did say, however, this might
be possible within the first six months of 2001. Meanwhile, President
Aleksander Kwasniewski is to meet with leaders of the main political
parties this week to discuss candidates to replace outgoing NBP president
Hanna Gronkiewicz-Waltz, who is leaving the post for a senior position at
the European Bank for Reconstruction and Development. Former Finance
Minister, Leszek Balcerowicz, together with two members of the central
bank's rate council, Boguslaw Grabowski and Dariusz Rosati, and the
President's chief economic adviser, Marek Belka, are considered the front
runners . (Prawo i Gospodarka, p.9; Reuters) A.D.