Poland to Put 2012 Budget through Parliament by End-July The Polish Parliament could pass the 2012 budget bill by 31 July, the lower house Speaker Grzegorz Schetyna told the Polish news agency PAP, confirming earlier comments by Finance Minister Jacek Rostowski. Polish Cabinet should approve the 2012 budget bill at its sitting on May 5, after an informal meeting…
Unemployment figures dip in March Latest figures from the Central Statistical Agency show that unemployment in March dropped by 0.1 of a percentage point to land at 13.1 percent. The total number of Poland’s unemployed reached 2,133,900 in March, with economists expecting a further drop in the coming months. The highest unemployment rate was recorded…
1 May – ‘Germans have nothing to fear’ With hundreds of thousands of Poles expected to take advantage of the opening up of the labour markets in Germany and Austria on 1 May, migration expert Krystyna Iglicka has told Der Spiegel that Germans have nothing to fear. On the contrary, “they should be pleased,” Iglicka argues. “Germany needs…
Areva to Cooperate with Polimex on Poland’s First Nuclear Plant French nuclear power giant Areva, competing in the tender for nuclear technologies delivery for the planned atomic power plant in Poland, could offer stakes in uranium mines to Polish companies in order to guarantee stable supplies of fuel to the plant, Areva manager Adam Rozwadowski told reporters. Areva signed an…
Chinese Organizations Seek Investments in Poland A delegation of more than 70 businessmen from China led by Zhang Wei, vice president of the China Council for the Promotion of International Trade (CCPIT) meet with Poland’s Deputy Prime Minister and Minister of Economy Waldemar Pawlak and took part in a match making session with Polish entrepreneurs held…
Polish Section of Yamal Pipeline to Be Open for General Use Gaz-System, the new operator of the Yamal natural gas pipeline, should make the pipeline available to other gas companies apart from PGNiG and Russia's Gazprom as of July, Gaz-System CEO Jan Chadam told the daily Rzeczpospolita. The company will publish the so-called network code regulating access to the pipeline at…
Poland’s Industrial Output Seen Showing Positive Growth Rates Poland's industrial output should continue growing in y/y terms in the coming months, while construction output data for March suggest that private sector investments took off at last, Finance Ministry deputy statistics director Slawomir Dudek told the Polish new agency PAP. "The industrial output data for March are below our…