they will continue until the end of 2009. Starting 2010 it will start going up if the economy picks up.
What are you talking about?
What do you base the 2009/2010 on?
I don't belive you have a clue about what you are talking about.
I think that the whole Euro thing for Poland will be a mess it's to soon but we shell see!
From what I understand (correct me if i'm wrong), poland has already blown their initial target for adopting the euro due to relative volatility of the zloty?
Yes this is true.
The next target date for the Euro is 2012.
Hungary recently had huge problems and the Polish Zloty was effected greatly by it.
So Poland are taking the 2012 deadline for the Euro very seriously so the currency will not be so open to huge fluctuations.
I think people here are not being very optimistic, they are aware that they are tied in but the economy is healthy and banks are still lending.
I know what you mean though, prepare for the worst and hope for the best.
value of the zloty
It is a generally belief here that the Zloty will increase in value.
But i am not an expert.
Poland won't be immune from the slump but will emerge much, much quicker.
And by the looks of it it will dip a lot slower and not so low.