Poland dismisses deputy Finance Minister
12:16
Government's spokesman Rafał Bochenek said that Prime Minister Beata Szydło has dismissed deputy Finance minister Konrad Raczkowski over his comments that some small lenders will fall this year.
The dismissal came a day after Finance Minister Paweł Szałamach asked the prime minister to do so.
Raczkowski said last Thursday that several small Polish lenders will fail this year, but their bankruptcies will not hurt Poland's financial system.
"Several banks are toxic and they will go bankrupt later this year," Raczkowski said. "But these are small banks, and that will not affect the Polish financial system."
The following day, Szałamacha asserted that the banking sector in Poland is stable and demanded an explanation from Raczkowski.
KNF spokesperson Łukasz Dajnowicz also stated that the banking system is "stable and efficient".
