Poland's total foreign debt amounted to EUR 244.67bn at the end of Q3 of 2011 vs. EUR 252.91bn a quarter earlier and compared to EUR 231.36bn a year before, according to the data of the National Bank of Poland (NBP). Long-term debt stood at EUR 187.61bn, while short-term debt - at EUR 57.06bn. At that time, non-financial enterprises' foreign debt amounted to EUR 99.55bn (vs. EUR 95.03bn a year before). Foreign debt of the central and local government sector (the general government sector) was EUR 88.43bn (vs. EUR 81.81bn a year earlier). In the same period, foreign debt of the banking sector amounted to EUR 51.87bn vs. EUR 48.17bn a year before. |
The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more
The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more
When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more