Lithuanians worry about fallout from Belarus sanctions
INTERVIEW: “The weekend’s protests were the Russian people's, not the opposition’s” – Maxim Reznik
Western Balkans citizens legally resident in EU equal to 14% of region’s population
International Ice Hockey Federation (IIHF) has stripped Belarus of the right to hold the World Championship this year
Russia's Sberbank makes a move in e-commerce with Goods.ru deal
Putin strikes a conciliatory tone in his World Economic Forum speech but warns of an “all against all” fight if tensions are ignored
OUTLOOK 2021 Russia
@russian_market sacked by UBS for supporting Navalny
Public support is collapsing for The People’s Servant Party
Ukraine’s industrial output jumped 4.8% y/y in December
State-owned Ukrgasbank signs off on convertible €30mn IFC loan ahead of its privatisation
National Bank of Ukraine retains a key policy rate at 6%, the outlook of the CPI deteriorates
Estonia's two big parties agree on grand coalition
VISEGRAD BLOG: Central Europe's populists need a new strategy for Biden
LONG READ: The oligarch problem
China to be excluded from Czech tender for new Dukovany nuclear unit
Czech billionaire Kellner´s PPF makes another bid for Moneta Money Bank
Czech MPs pass protectionist food law in violation of EU rules
M&A in Central and Eastern Europe fell 16% in value in 2020, says CMS report
Hungarian government plans to regulate big tech to stop 'ban' on rightwing views
Hungarian vehicle makers hit by supply chain shortage
Protests sweep Poland after government launches near-total abortion ban
Polish parcel locker operator InPost soars in Euronext Amsterdam debut
Polish industrial production continues boom in December
OUTLOOK 2021 Slovakia
BRICKS & MORTAR: Rosier future beckons for CEE retailers after year of change and disruption
FDI inflows to CEE down 58% in 1H20 but rebound expected
BALKAN BLOG: Only better waste management can clean rivers of trash
Pandemic pushes public debt close to 80% of GDP in Albania and Montenegro
BALKAN BLOG: Superstition and resentment surround vaccination plans
Albania needs reforms for e-commerce to thrive, says World Bank
Bosnia's exports in 2020 amounted to BAM10.5bn, trade deficit to BAM6.3bn
Bulgaria’s latest nuclear u-turn
Retailers and restaurant owners threaten protests in Bulgaria if reopening is delayed
Bulgaria's Biodit first company to IPO on new BEAM market
Spring lockdown caused spike in online transactions in Croatia
ING: Growth in the Balkans: from zero to hero again?
Labour demand down 28% y/y in Croatia in 2020
Kosovo’s biggest opposition party risks being unable to run in general election
OUTLOOK 2021 Moldova
Storming parliaments: New Europe's greatest hits
World Bank revises projection for Moldova’s 2020 GDP decline to 7.2%
Montenegro’s special prosecution probes finance minister over €750mn Eurobond issue
North Macedonia’s state-owned loss-makers await new owners
North Macedonia plans to cut personal income tax in IT sector to zero in 2023
Romanian cybersecurity company Safetech floats shares amid rising investor interest
Romania government to pursue “ambitious” timetable for justice reforms
Private finance mobilised by development banks up 9% to $175bn in 2019
EBRD and WBIF support fast broadband in rural Serbia
Slovenia plans region's longest-tenor Eurobond
Slovenian crypto payment system enters Thai market
Slovenia’s economic sentiment indicator up 2.2 pp m/m in January
Slovenia lost €10bn by neglecting wood industry for decades
Turkish groceries delivery app Getir goes online in London
D’S Damat franchise deals ‘show Turkey’s hard-pressed mall operators becoming their own tenants’
Turkey’s benchmark rate held as concerns over faltering recovery come to fore
Following war with Armenia, Azerbaijan gains control of lucrative gold mines
CAUCASUS BLOG : What can Biden offer the Caucasus and Stans, all but forgotten about by Trump?
Armenia ‘to extend life of its 1970s Metsamor nuclear power plant after 2026’
OUTLOOK 2021 Azerbaijan
OUTLOOK 2021 Georgia
“Try me” not telecoms minister Iran’s president tells hardliners in internet row
Iran’s President Khamenei menaces private citizen Trump
Iran’s technology minister indicted for failing to properly implement internet censorship
No US move to rejoin Iran nuclear deal imminent, say Biden national security nominees
COVID-19 and Trump’s indifference helped human rights abusers in 2020
Central Asia vaccination plans underwhelm, but governments look unruffled
Fears of authoritarianism as Kyrgyz populist wins landslide and backing for ‘Khanstitution’
COMMENT: Mongolia is an island of democracy
OUTLOOK 2021 Mongolia
Mongolia's PM quits amid protests over treatment of mother with coronavirus and newborn baby
Mongolia's winter dzud set to be one of most extreme on record says Red Cross
Tajikistan: Writing for the president is on the wall (and then scrubbed off)
OUTLOOK 2021 Turkmenistan
Turkmenistan: How the Grinch stole New Year
COMMENT: Uzbekistan is being transformed, but where are the democratic reforms?
Download the pdf version
More...
Poland’s Prime Minister Mateusz Morawiecki used his personal ties with a key figure of the country’s Catholic Church and town hall officials in Wroclaw for a huge business gain that he kept away from the public’s eye, the leading Polish newspaper Gazeta Wyborcza reported on May 20.
The revelation comes only a few days before the election to the European Parliament, which the fiercely anti-government newspaper hopes the ruling Law and Justice (PiS) will lose, giving the opposition momentum to carry on forward until the general vote in the autumn.
PiS has been leading in majority of polls ahead of the May 26 vote although in most cases the lead is within the limits of statistical error. With turnout expected to be low, even minor shifts in electoral preferences could tilt the vote’s outcome to either side of the heavily polarised political scene in Poland.
Gazeta Wyborcza alleged that in 2002 Morawiecki took advantage of friendship with Cardinal Henryk Gulbinowicz to buy land from the Wroclaw diocese that Gulbinowicz managed at the time.
The newspaper quotes documents to prove Morawiecki paid just PLN700,000 (€172,800 in 2002 prices) for 15 hectares of land, which the Wroclaw diocese had received from the Polish state in 1999.
The land’s market price was assessed at PLN4mn at the time. After the PM bought the land, it was zoned to enable construction of an important throughway as well as commercial real estate such as offices.
It is not clear why the Wroclaw diocese offloaded the land at such a discount to Morawiecki, then a board member of BZ WBK bank, which in 2011 became the Polish business of Spain’s Santander Group.
Morawiecki signed over the ownership of the land to his wife in 2013, the newspaper also claimed. The PM never mentioned the transaction or the ownership of the land in mandatory declarations of financial interests that public officials are obliged to submit and make public.
As the Wroclaw authorities plan to start building the throughway shortly, they will need to buy at least a portion of the land from the PM’s wife to carry out the investment.
In aftermath of the newspaper’s investigation, the PM’s wife Iwona Morawiecka said she would sell the land for the price at which it was originally purchased, adjusted for inflation, and donate the money to charity.
The entire land the Morawieckis own is currently worth around PLN70mn, Gazeta Wyborcza claims on the basis of a survey of local land prices.
Morawiecki and his wife also gave different accounts on how they learned about the investment opportunity in question, according to the newspaper. The PM said it was through Cardinal Gulbinowicz while his wife said – through the PM’s office that replied to the newspaper’s questions – it was through an acquaintance working in real estate business.
Through a lawyer, Morawiecki said that Gazeta Wyborcza’s investigation was a “manipulation” and that he would sue the newspaper.
“[The allegations] are worth a verification. But it seems to me that this verification will turn out falsification,” PiS’ chairman Jaroslaw Kaczynski told reporters.
The opposition seized upon an opportunity to use the newspaper’s publication to attack PiS, as the campaign is nearing its final days.
“[The newspaper’s investigation] shows the relationship of the Catholic Church and the authorities. We are determined to persuade Prime Minister Morawiecki to disclose full information about his as well as his wife’s assets, and how he came to own them,” Grzegorz Schetyna, the leader of the biggest opposition party, the Civic Platform, said.
The links to the Catholic Church have become cumbersome for PiS since the May 11 publication of a documentary film on cases of sexual abuse of children by the Catholic priests in Poland and how high-ranked members of the Polish Episcopate – including Cardinal Gulbinowicz – helped hush them.
The film has been viewed over 21mn times on YouTube since the premiere.
In the two latest polls, PiS has maintained a narrow lead over the European Coalition, a grouping of opposition parties led by the Civic Platform.
Register here to continue reading this article and 5 more for free or purchase 12 months full website access including the bne Magazine for just $250/year.
Register to read the bne monthly magazine for free:
Already registered
Password could contain only a-z0-9\+*?[^]$(){}=!<>|:-_ characters and have 8-20 symbols length.
Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.
Forgotten password?
Email field can't be empty.
No user with this email address.
Access recovery request has expired, or you are using the wrong recovery token. Please, try again.
Access recover request has expired. Please, try again.
To continue viewing our content you need to complete the registration process.
Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.
If you have any questions please contact us at sales@intellinews.com
Sorry, but you have used all your free articles fro this month for bne IntelliNews. Subscribe to continue reading for only $119 per year.
Your subscription includes:
For the meantime we are also offering a free subscription to bne's digital weekly newspaper to subscribers to the online package.
Click here for more subscription options, including to the print version of our flagship monthly magazine:
More subscription options
Take a trial to our premium daily news service aimed at professional investors that covers the 30 countries of emerging Europe:
Get IntelliNews PRO
For any other enquiries about our products or corporate discounts please contact us at sales@intellinews.com
If you no longer wish to receive our emails, unsubscribe here.
Magazine annual electronic subscription
Magazine annual print subscription
Website & Archive annual subscription
Combined package: web access & magazine print annual subscription