The World Bank is now working an a new loan agreement for Poland, according to its head for Poland and Baltic States Xavier Devictor. The loan will be worth of around USD 1bn, similarly to the WB's previous engagements, Devictor said in his interview with daily Gazeta Wyborcza. The loan's purpose will be to support public finances reforms in line with the plans presented by the Polish government, he stressed. The loan is to be negotiated in the spring of 2012. |
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