Lagarde: Poland tied to the Eurozone

The head of the IMF Christine Lagarde has been quoted as saying that Poland has a lot to lose in the event the Euro zone goes into a recession, reported dziennik.pl. According to BZ WBK analyst Piotr Bielski, the latest news from the Eurozone's economies is rather disheartening. He adds that it might be connected with the mutual sanctions between Europe and Russia. As the economies contract, Poland is bound to feel pressure as its economy is tightly connected with the German economy. The leaders attending an IMF summit in New York are pressing countries to increase public spending and stop cutbacks. German is one of the countries that is very hesitant to increase debt.