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The Warsaw Voice » Business » March 27, 2014
Business & Economy
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In brief
March 27, 2014   
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Coal is Key
Domestic coal deposits are a guarantee of Poland’s stability and energy security, according to the Treasury Ministry, which believes that coal will continue to be the key component in Poland’s energy mix in the coming years.

A survey by Eurostat, the EU’s statistical office, shows that Poland has one of the lowest “energy dependence” indicators in the EU—34 percent. The indicator denotes the extent to which a country needs imports to meet its energy needs. The EU average is 54 percent and the only EU member states with a lower energy dependence indicator than Poland are Denmark, Estonia, Romania, the Czech Republic and the Netherlands. Countries that are more dependent on energy imports than Poland include Britain (35 percent), France (49 percent) and Germany (over 61 percent).

Spending Plans Consulted with EU
Poland is the first EU member state to have started talks with the European Commission on a document in which member states intend to specify how they plan to spend funds from Brussels in 2014-2020.

The talks began in March and as part of a so-called partnership agreement, the Polish government will inform the European Commission about how it wants to pursue development objectives using funds awarded to Poland under the EU’s new long-term budget. The partnership agreement serves as the basis for national and regional operational programs through which EU funds are disbursed to beneficiaries, including local government and enterprises. The agreement is of key importance to Poland, as it will spell out how the country plans to spend a total of 114.5 billion euros, of which 82.5 billion euros will be EU Cohesion Policy funds and 32 billion euros Common Agricultural Policy funds.

Car of the Year
The new Peugeot 308 has been voted the Car of the Year by motoring journalists.

The 308 beat 30 new American, South Korean, European and Japanese models that were marketed in Europe last year. The competition jury made up of 58 journalists from 22 European countries shortlisted seven models in December, after which the new Peugeot 308 was announced as the best of the seven at the Geneva International Motor Show in March. The Voice reviewed the Peugeot 308 in November.

The award was picked up by Maxime Picat, a senior Peugeot executive, who said that the new-generation 308 marked a leap in design, technology and quality. “The best indication of this is the prestigious Car of the Year 2014 title,” said Picat.

The 308 is the fourth Peugeot model to be named Car of the Year. The award previously went to the Peugeot 307 (2002), the 405 (1988) and the 504 (1969).

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