New Finance Minister, old economic polices

The successor also assured that it is necessary to guarantee market stability and economic development. "Following very strong drops [in the value of zloty and WIG index], a substantial increase was observed. It turned out that the market reaction lasted shorter than anticipated," admitted Mateusz Szczurek, chief economist of ING. Jacek Wisniewski, chief economist of Raiffeisen Bank, explained that the market was calmed following the announcements of the new Finance Minister and his rapid appointment. "The reaction would be stronger and it would have lasted longer if the direction of [economic] policy would change," said Wisniewski. Economists praise the new Finance Minister, but they do not expect that he would propose any significant changes to the government's financial policy, but rather he is very likely to continue the changes commenced by Zyta Gilowska. (Puls Biznesu, pp. 1, 6) M.M.