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Poland's WIBOR overhaul worth up to 10 trillion zloty — secret talks revealed
📈 Business

Poland's WIBOR overhaul worth up to 10 trillion zloty — secret talks revealed

WIBOR, the benchmark rate underpinning millions of Polish mortgage payments, is being replaced, with decisions made by a small group behind closed doors. Newly revealed records show that meeting minutes were never made public and that Poland's consumer protection authority was excluded from the talks. The reform affects financial obligations worth up to 10 trillion zloty.

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