Poland puts faith in ‘financial rigour’

Poland is set on Thursday to launch reform measures aimed at reducing the budget deficit, public debt and the future pensions bill as the country seeks to build on its success as the only European Union member to have avoided recession in the global downturn.

Donald Tusk, prime minister, outlining the plans in an interview with the Financial Times, said he would stick with the market-oriented economic policies that he said were responsible for the country’s growth last year.

“When I have been asked how Poland is managing better in the crisis than other European countries, I have said it is more to do with an Anglo-Saxon than a Slav approach. That means the need for responsibility, savings and financial rigour.”

Read more: http://www.ft.com/cms/s/0/4776273c-0b8e-11df-8232-00144feabdc0.html