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The Warsaw Voice » News from March 13, 2017
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European Union leaders on March 9 reappointed Donald Tusk as president of the European Council for another term of office despite strong opposition from the Euroskeptic government of his native Poland.
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Law
The Polish government intends to craft the legislation which will rejig its capital pension savings system by the turn of Q2 and Q3, deputy PM, Finance and Development Minister Mateusz Morawiecki said on Friday.
Politics
Poland's ruling party Law and Justice (PiS) suffered a 3-pps month on month decline in voter support to 37% in March, while runner-up Civic Platform (PO) added 2 pps to 19%, narrowing the distance to the leader to 18 pps, a survey by CBOS pollster showed.
Business
Poland's working population will decline by 4.9 million to some 13.6 million by 2050, calculations of IBS researcher show.
Business
Poland’s insurance giant wants to conduct job restructuring that at its property and life units that will affect 1,944 jobs, including laying off 956 persons, the company said in a market filing.
Business
The Polish government is hiking or planning to hike wages for large groups of public employees, with police officers getting a hike in March, while army officers got their hike already in February.
Business
Poland could record some 3% year on year GDP growth in Q1 2017, deputy PM Mateusz Morawiecki told journalists on the sidelines of the brokerages conference on Friday.
Politics
The Polish Foreign Affairs Ministry plans to lay off all the diplomats with ties to communist-era special services, deputy Foreign Minister Jan Dziedziczak told MP's.
Business
Poland's Monetary Policy Council should consider holding interest rates flat in 2018 if macro conditions hold as hikes could stymie lending, the council member Jerzy Zyzynski told reporters.
Business
Average retail gasoline prices decreased by PLN 0.02 to PLN 4.73 per liter and diesel prices came down by PLN 0.03 to PLN 4.59 per liter in the week ending on March 9, the Reflex brokerage said in a weekly pricing report.
Other
Real estate group Echo Investment and REIT Echo Polska Properties struck a nearly EUR 42 million deal to buy a shopping mall 'Galeria Mlociny' under construction in Warsaw, in which they will hold 30% and 70% respectively, Echo Investment said on Friday.
Society
Nearly 700 doctors may have emigrated from Poland in 2016, the daily Gazeta Wyborcza wrote citing the number of certificates issued by the national doctors' council NIL which are necessary if doctors want to work abroad.
Business
Poland’s Finance Ministry wants to introduce a new kind of debt securities for the financial sector similar to contingent convertible securities - bonds that are converted into share capital if ratios of a given issuer fall below a certain levels set in the terms of an issue.
Business
Coal miner Bogdanka will redeem PLN 300 million in bonds from a 2014 program on March 30, 2017, three months ahead of the previous deadline on June 30, the firm said in a market filing citing an annex to a bond program agreement.
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