Monday, December 1, 2008

Poland adopts 24b euro aid package


WARSAW (AFP) – Poland adopted on Sunday an economic stabilization and development package for 2009-2010 valued at 24 billion euros (30 billion dollars) to help weather the global financial crisis, Prime Minister Donald Tusk said.
At the same time, Polish Finance Minister Jan Rostowski said his department was lowering its economic growth forecast for 2009 to 3.7 percent, compared with the previous outlook of 4.8 percent. “It is a stabilization and development program, because Poland is in the situation of a country that is still developing,” Tusk told reporters, adding, “Happily, the consequences of the global crisis for Poland are not so grave.”

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