Financial Times FT.com

IMF offers Hungary help as Poles rethink euro

By Jan Cienski in Warsaw and Reuters in Budapest

Published: October 13 2008 13:02 | Last updated: October 13 2008 13:02

The International Monetary Fund said on Monday it was ready to provide technical and financial support for Hungary if needed while Poland said the global financial crisis could make it rethink its 2012 date for joining the euro.

As the Polish central bank moved to boost confidence in the banking system, its governor, Slawomir Skrzypek said in a newspaper interview that there were “many arguments justifying the need to cut interest rates in Poland”.

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