Poland to Discuss Swiss Franc Fallout as Political Storm Gathers
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Poland’s finance minister will meet local bankers and regulators next week to assess the impact of a surging Swiss franc as the main opposition party called on the government to offer relief to borrowers in the currency.
The Financial Stability Committee, which includes representatives from the government, central bank, and financial regulator, will meet on Jan. 20, its chairman and Finance Minister Mateusz Szczurek said late yesterday. The main opposition Law and Justice party today called on the government to allow borrowers to pay off their Swiss-franc loans at the Jan. 14 exchange rate.