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Prime Minister Donald Tusk has announced intervention in case of the further depreciation of the zloty, so as to counter the crisis.

Prime Minister Donald Tusk has pledged that should the currency sink to reach 5 zloty to the single currency he will start selling euros from EU funds. He that the zloty has reached the apex of depreciation, and the currency is likely to appreciate some time in the future, and so now is the time to take advantage of this moment to sell the euro. Donald Tusk has asserted that the move should not be perceived as a government intervention, and is not meant to flood the market with the European currency.

Click on the audio icon to listen to the report by Alicja Baczynska.