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Eastern Europe

Poland Claims IMF Aid Not Necessary

The governor of Poland’s central bank, Slawomir Skrzypek, said today that Poland would not be asking for a loan from the International Monetary Fund (IMF), unlike many of its cash-strapped neighbors.

“I am convinced the situation in Poland does not require any extraordinary actions of the IMF,” said Skrzypek this morning. He went on to claim that any country presently seeking aid could “stigmatize and discourage” investors.

Unlike much of Eastern Europe at present, Poland’s stability remains high and the country is expected to maintain positive economic growth this year while it weathers the economic crisis.

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