We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » July 1, 2013
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Poland to get EUR 1bn loan from World Bank
July 1, 2013   
Article's tools:

The Polish Finance Ministry will get a EUR 1 billion loan from the World Bank in July and thus will have financed 91% of Poland's borrowing needs for 2013, public debt department head at the Finance Ministry Piotr Marczak said on Friday.

After receiving the World Bank's loan, Poland will need to borrow additional PLN 7 billion to cover its 2013 spending.

The ministry is planning to suspend treasury auctions in July and August due to the high level of borrowing needs' coverage, an increased liquidity provision and the volatile sentiment on the financial markets, he said.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE