Development of the broadband internet infrastructure in Poland is proceeding too slowly and there is a real threat that over EUR 1bn of the EU grants obtained for that purpose will not be fully used, according to a report by the Supreme Audit Office (NIK). There is no coordination between individual projects and responsible Ministries. The problem is also complex tender procedures as well as the local governments' fear of using the EU funds, NIK reported. Poland has been granted EUR 1.4bn for the creation of the broadband network for 2007-2013. |
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