The local government of the Wielkopolska province (western Poland) has passed a resolution stipulating for a bond issue worth of PLN 228mn (EUR 54mn) this year. The majority of the issue's proceeds (PLN 208mn) will be earmarked for the 2013 investments, while part of them (PLN 20mn) for rolling over older notes.
This year, the province plans to invest PLN 402mn in road and railway infrastructure, PLN 108mn on land or drainage improvement and PLN 93mn on the authorities new seat.
The province's debt is planned at PLN 532mn at the end of 2013.
Turkish President Recep Tayyip Erdogan received a warm welcome from his Polish peer Andrzej Duda on October 17, as Warsaw said it supported Ankara’s formally ongoing bid to become a member of the ... more
Poland will skip no touchy topics in talks with President Recep Tayyip Erdogan, visiting Warsaw on October 17, the office of President Andrzej Duda said ahead of the visit by the Turkish leader, ... more
The Polish anti-monopoly body UOKiK has cleared the state-controlled power conglomerate PGE to take over the Polish assets of French peer EDF on condition that power from one acquired ... more