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PM Kopacz on how Greek crisis affects Poland

15:18

PM Kopacz on how Greek crisis affects Poland
Prime Minister Ewa Kopacz said on Monday that Poland is safe and its banking system is stable with reference to Greece's plight in the aftermath of the failure of the last chance summit on Saturday.  She added that the central bank and the Minister of Finance may intervene on the market should the złoty weaken. The Prime Minister stressed that Europe needs Greece and Greece needs Europe. "We should back Greece in their reforms. Without these reforms, it is hard to imagine that Greece would come and say we have done nothing, but we want the support. Equal criteria exist in relation to all European countries, particularly to those that are in the euro zone," she said. Kopacz also stressed that "the euro zone must be credible and strong with stable finances and stable economies." The Prime Minister assured that Poland is safe as the country has big foreign currency reserves. "At any time, the Minister of Finance and the President of the National Bank of Poland have the ability to  do a rapid maneuver, to respond. If the złoty weakens, then, certainly, we will use financial instruments that are at the disposal of the Minister of Finance," she concluded.

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