The Finance Ministry and National Bank of Poland issued statements that the economy is in good shape and there is no need for panic, a move which helped stem the tide of sales.
However, "The market is expecting action [...] The situation could be calmed by a statement that the NBP has an agreement with the Swiss central bank thanks to which we have an open creditline for euro 25 or 50 billion," said Radosław Bodys, an economist at Merrill Lynch.
The situation in Ukraine is not much better as yesterday the hryvnia started diving despite efforts to stabilize it.
Sources: Rzeczpospolita, Gazeta Wyborcza, Dziennik, Puls Biznesu (K.K.)
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