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PM Tusk: Poland eyes deeper economic ties with Gulf
Poland's prime minister said Wednesday that his country is seeking closer economic cooperation with states in the Persian Gulf region.

July inflation may ease to below 3% year-on-year
Poland's inflation may ease to below 3 percent year-on-year in July, down from 3.4 percent seen by the finance ministry in June, a ministry official said on Wednesday.

Polish zloty up 1.2% vs euro on Wednesday
Poland's zloty gained 1.2 percent against the euro on Wednesday and broke a key level of 4.40/euro on rising risk appetite globally, gaining stocks and better PMI levels, Reuters systems showed.

BA shuffles Heathrow winter schedules, more flights to Warsaw
British Airways is scaling back flights on some routes from Heathrow, but increasing others this winter. The airline is increasing the number of flights to Warsaw and Istanbul.

NBP clears lenders in stress test
Polish banks will be able to absorb the effects of rising bad loans due to worsening economic conditions, the central bank said in the conclusions of the sector's stress test on Tuesday.

World Bank approves $4.5 bln program for Poland
The World Bank on Tuesday approved a new five-year lending program for Poland and said funding for the country could reach up to $4.5 billion.

Poland seeks deal to boost Russian gas supply
Poland hopes to sign an agreement with Russia's Gazprom by the end of August to increase gas supplies by 2-3 billion cubic metres (bcm) from 2010, a PGNiG official said on Wednesday.

Poland sells PLN 4.0 bln in bonds, no top-up planned
Poland sold 4.01 billion zlotys ($1.28 billion) in two-year OK0112 bonds due in 2012 at a primary tender on Wednesday helping bonds continue gains sparked by an earlier moderate June inflation forecast.

Polish public debt up 5% in Q1
The debt of the Polish public finance sector rose by 5 percent in the first quarter to reach a total of 627.62 billion zlotys, the finance ministry said on Tuesday.

Poland fails to win backing for PKN Orlen defences
The Polish government on Tuesday failed to win shareholder backing for more takeover defences at PKN Orlen, the country's largest refiner, forcing it to suspend its annual meeting for two weeks.
EIB lends Poland 1 billion euros for motorway
The European Investment Bank is lending Poland 1 billion euros ($1.4 billion) to complete the construction of an east-west motorway, the European Union's financing arm said on Tuesday.

Poland sticks by PKO dividend, cash call plans
Poland will push through 3 billion zlotys ($931.7 million) dividend payout at its largest bank PKO, but will divide it into several payouts along with a 5 billion zlotys rights issue, the treasury said.

Fitch: Poland MWIK 2nd series bond final 'BBB-'
Fitch Ratings has today assigned Miejskie Wodociagi i Kanalizacja w Bydgoszczy Sp. z o.o.'s (MWiK) prospective PLN380m (EUR86m) second series secured revenue bond a final Long-term local currency rating of 'BBB-'.

Ukrainians to go to Poland without visas
Beginning from July 1 the consulates of Poland in Lviv and Lutsk are to begin acceptance of documents of the residents living in 30-km frontier zone pretending at the visa-free frontier crossing.

Mobius sees value in commodities, consumer stocks
Emerging markets offer more upside than the developed world, with commodities and consumer-oriented stocks the top picks, Templeton Asset Management's veteran fund manager Mark Mobius said on Monday.

ProLogis let 215,000 sq ft in Poland
ProLogis has let 215,000 sq ft of newly developed distribution space in Wroclaw, Poland, to Acer, a computer systems manufacturer.

Jewish museum to be built on site of Warsaw Ghetto
With psalms, poems and popular Yiddish songs, Poles and Jews celebrated on Tuesday the start of construction of a new museum that will chronicle Poland's rich and colorful Jewish heritage.

KGHM, HMS Bergbau team up to seek metals in Saxony
Polish copper miner KGHM and Germany's HMS Bergbau will form a joint venture to search for and extract copper and other metals in Saxony, KGHM said on Monday.

Crisis could bring new players to E.Europe banking
Emerging Europe's banking sector is set to offer opportunities for banks like Deutsche Bank, Santander and HSBC to snap up assets from western rivals or homegrown lenders facing bad debt.

Poland fourth poorest in EU
Huge discrepancy in GDP per capita between Poland and rest of EU. Despite how well the country is weathering the economic crisis, the level of overall average wealth in Poland is remarkably low. According to the newest Eurostat ratings, Poland is fourth from the bottom when ranked by GDP per person.

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Winter schedule: BA is increasing the number of flights to Warsaw and Istanbul. From October 25, it will move from two to three flights a day from Heathrow.

Research & Reports Research & Reports
Poland retail destinations
» date: 2009-06-01
» publisher: CB Richard Ellis
» price: free

Institutional Harmonization and its Costs and Benefits in the Context of EU Cooperation with Its Neighbors
» date: 2009-05-01
» publisher: CASE - Centrum Analiz Społeczno-Ekonomicznych
» price: free


» more Research & Reports

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Poland opens honorary consulate in Sun Valley
The Knob Hill Inn's garden in Ketchum had an international feel when it hosted the opening of the new Polish honorary consulate in Idaho on Sunday.

Southern Poland hit by floods
Southern Poland hit by floods, looking ahead to the presidential elections in 2010 and what the NATO-Russia deal means for Poland.

Jewish cantors to perform at Warsaw's National Opera
For the first time since the Holocaust, 100 Jewish cantors from around the globe are gathering to perform in Warsaw, once one of the world's leading Jewish centres, Poland's chief rabbi said on Sunday.

Fight against floods
A 2-year-old boy remains in critical condition in hospital after he was washed away by flood water in the locality of Lapanow, near Bochnia. As his parents worked to clear a blocked drainage channel, the toddler fell into the water and the current dragged him into a culvert. The parents managed to get him out but the boy was unconscious. He was transported by helicopter to a clinic in Krakow.

Polish fans mourn Michael Jackson
Poland's many thousands of fans of Michael Jackson were devastated to learn of the King of Pop's death, aged just 50 years old, Friday morning.

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