Central Banking

Polish refomer Balcerowicz new central bank chief

Poland's best known reformer, Leszek Balcerowicz, admired and despised in equal measure for his rigorous free market beliefs, has again returned to guiding his country's economic transition, this time as central bank chief.

On Dec 22 parliament narrowly approved Balcerowicz, 53, for a six-year term as National Bank of Poland (NBP) governor, during which he will probably oversee Poland's European Union accession and preparations to join the euro zone.

A deal between Balcerowicz's party and the

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