Poland at Odds Over Franc-Loans Fix Belka Calls `Pure Evil'

Updated on
  • Development Minister wants `voluntary' fix to converting loans
  • Finance Ministry isn't working on amending loan proposal

Top Polish officials sent mixed signals on Wednesday over how the government wants to defuse the challenge of $42 billion in foreign currency loans after a proposal to convert them into zloty was dismissed by the central bank governor as “pure evil.”

To continue reading this article you must be a Bloomberg Professional Service Subscriber.