“This will place Poland among the elite,” declared the central bank governor.
“This will place Poland among the elite,” declared the central bank governor.
“This shows the stability, abundance and solvency of the Polish economy,” says Adam Glapiński.
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Inflation in Poland reached 11% in March, up from 8.5% in February and the highest figure since the year 2000.
“The president positively assesses Governor Glapiński’s actions aimed at limiting the economic effects of the epidemic.”
The August figure of 5.4% is the highest since June 2001.
Poland has recorded the highest or second highest level of inflation among all EU member states in every month since March 2020.
The move would buck an international trend away from high-denomination notes.
Poland’s banking sector has been hit hard by the pandemic.