The net inflow of foreign direct investment to Poland amounted to EUR 182mn in August of 2013 vs. (revised) net inflow of EUR 603mn a month earlier, according to the data of the National Bank of Poland (NBP). In the entire 2012, the net inflow of FDI to Poland was EUR 2,864mn vs. EUR 13,564mn in 2011.
In August of 2013, negative foreign portfolio investment in Poland amounted to EUR 389mn. NBP attributes this balance mainly to non-resident withdrawal from investment in debt securities (EUR 957mn) - mostly form Treasury bonds issued on domestic market. An increase in investment, on the other hand, was reported for equity securities (EUR 568mn).
NBP also reported that the balance of other non-resident investment in Poland was positive and stood at EUR 553mn in August. This item has been mostly influenced by an increase in NBP's liabilities by EUR 692mn and of the banking sector's liabilities - by EUR 280,m (increase in deposits of non-residents), and a decrease in liabilities of the enterprise sector (by EUR 409mn - mostly as a result of trade credits) and of the central government (by EUR 10mn).
Poland passed a bill on January 26 making it illegal to claim Poles or the Polish state were complicit in Nazi crimes during the Second World War, sparking an angry response from Israel, which ... more
Poland’s National Broadcasting Council (KRRiT) has cancelled on January 10 its own decision to fine the US-owned media group TVN PLN1.48mn (€350,000) for covering protests against ... more
Poland’s state-controlled oil and gas company PKN Orlen has launched an offer to take over Czech refiner Unipetrol, the Polish company said on December 13. PKN Orlen said it will go through with ... more