International Monetary Fund says Poland is okay despite worldwide crisis

"Hungary and Poland have weathered the financial market turmoil of recent months reasonably well," said the IMF report. The report adds that although the crisis has weakened analyst optimism about Polish development in 1999, the Polish economy is able to achieve one of the highest gross domestic product (GDP) growth rates. Also, since inflation has been reduced significantly, Poland and Hungary should be able to cut interest rates further. (Zycie, page 17, Reuters)