editorial partner: Liberte! Friedrich Naumann Foundation

Rafal Trzeciakowski

ABOUT Rafal Trzeciakowski
Economist at the Civil Development Forum (FOR) and a PhD candidate in the Deparment of International Comparative Studies at the Warsaw School of Economics. His research interests focus around fiscal decentralization.
Poland: Moving Away from the Forced Conversion of Foreign Currency Loans Is a Good Step Forward
Economy
Poland: Moving Away from the Forced Conversion of Foreign Currency Loans Is a Good Step Forward
Taking a loan in a foreign currency puts both borrowers and banks at risk. At the time of signing the contract, both providers and takers neglected the possible weakening of Polish zloty, believing in its further strengthening. Besides the fact that one can easily learn about it from various sources, the majority of borrowers knew that such a danger exists.