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The Warsaw Voice » News from August 26, 2010
Business
Poland will press for changes to its private pension system to enact within the coming two months, but will likely work in concord with fund managers and from a different basis than the partial unwinding of reforms proposed by the Labor Ministry, PM Donald Tusk said at a meeting with pension fund leaders.
Business
Gas giant PGNiG's exploration unit PNiG Krakow found a significant gas deposit in Uganda, which could turn out one of the biggest in Africa, preliminary drillings show, Dziennik Gazeta Prawna daily reports, citing PNiG Krakow official.
Other
The Council of Polish bishops who had their meeting yesterday in Jasna Gora sanctuary in Częstochowa in south-central Poland have called to set up a committee which would decide about the way of commemorating in Warsaw victims of the Smolensk plane crash.
Politics
Poland is not pushing through the sale of state fuel giant PKN Orlen's Lithuanian unit Orlen Lietuva, Lithuanian President Dalia Grybauskaite told reporters after a meeting with Polish President Bronislaw Komorowski.
Business
Poland's unemployment rate will post a slight decline in August as the Labor Ministry is spending additional means to combat unemployment, deputy Labor Ministry Czeslawa Ostrowska told reporters.
Business
National road fund KFD may refrain from further infrastructural bond auctions conducted by bank BGK, as it has found alternative ways of funding, BGK president Tomasz Mironczuk told PAP Polish News Agency
Politics
Poland's governing party Civic Platform (PO) saw its voter support increase by another 1 pp to 45% in late August, while support for the major opposition party PiS declined by further 3 pps to 24%, a poll by PBS DGA researcher for the daily Gazeta Wyborcza showed.
Business
Interest rates are not likely to be hiked soon in Poland as the Monetary Policy Council (MPC) is concerned about the situation in the global economy, the daily Puls Biznesu says.
Business
Listed upstream company Kulczyk Oil Ventures expects to increase gas extraction through its Ukrainian unit Kub-Gas by 10-15% in the autumn as a result of the implemented investments, management board member Jakub Korczak told PAP.
Business
Poland's economy is expected to grow slightly above 3.1% y/y in Q2, PM's chief economic advisor Michal Boni told reporters.
Business
Poland saw almost 208k new firms created in H1 2010, by one third more than in the year-prior period, while some 120k were unregistered, down by around 25% y/y, stats office GUS data shows, as reported by the daily Rzeczpospolita.
Business
Poland maintains its declarations to cap 2011 budget deficit below 45 billion zlotys level assumed in 4-year fiscal plan as it seeks to generate additional savings through introducing spending limits for all ministries, Finance Ministry official told PAP.
Society
Companies associated with Polish origin enjoy customer preference over foreign brands, survey by SMG/KRC shows.
Business
Poland's top bank PKO BP is preparing a new offer for retail clients, which will be launched mid-way through Q4.
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