Morawiecki: Fx mortgage bill may be tweaked

Vice-Prime Minister and Minister of Development Mateusz Morawiecki said that the Swiss Franc mortgage bill should be a voluntary solution. Speaking to journalists after the announcement of his economic development plan, Morawiecki noted that foreign investors have the ability to appeal to international tribunals should they not like the terms imposed on them by the new bill, and thus added that "the President prepared the bill, because he promised to do so, but he will not force it [into law]." The Vice-Prime Minister remarked that he thinks that the bill in its current form poses a threat, not only for banks. If many Poles decide to revalue their FX mortgages then this could weaken the złoty even further, leading to further economic unrest. He also added that he hopes the Ministry of Finances will present an updated form of the measure.