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National Bank president says economy unaffected by political instability

According to the National Bank of Poland (NBP) president Hanna Gronkiewicz-Waltz, the political situation will not have a big influence on the Polish economy. In her opinion it all depends on the state's budget for next year. She said according to her knowledge preparations on the current budget objectives are still underway. The opinion of the Finance Ministry is the same. However deputy Prime Minister Leszek Balcerowicz's budget plan he presented last week seems to be the main reason for the crisis between the Freedom Union (UW) and Solidarity Election Action (AWS) coalition. There are no doubts that in the event of a minority AWS government it will be much harder to create and vote through an acceptable budget. (Gazeta Wyborcza, page 20) A.D.

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