Image : International Monetary Fund

Belka: No rush to change interest rates

The National Bank of Poland’s interest rates could only be cut if economic activity slows down significantly or is strongly expected to do so, central bank head Marek Belka told Dziennik Gazeta Prawna in an interview published on Monday.
Image : shutterstock

Treasury may sell stakes to finance Polish Investments

Poland’s State Treasury has no plans to sell further stake in listed companies, Deputy Treasury Minister Wojciech Kowalczyk was quoted as saying by the Polish Press Agency. The only reason this would be possible would be in case of need for extra funds for Polish Investments.
Jerzy Buzek was president of the European Parliament in 2009-2012Image : European Parliament

Poles to head two EP committees

Jerzy Buzek will be head of the European Parliament’s Industry, Research and Energy (ITRE) Committee for two and a half years, MEP’s decided on Thursday. He will be then succeeded by another Pole, Janusz Lewandowski.
Image : Shutterstock

Samar: Further growth in new car registrations

The number of passenger cars and vans registered in Poland in June amounted to 29,113, according to data from sector research firm Samar quoted by ISBnews. The figure grew by 0.86 percent year-on-year and by 3.81 percent month-on-month.
Image: Wikimedia Commons

Retail trade down by 2% y/y – Eurostat

The volume of retail trade in Poland declined by 2 percent year-on-year in May 2014, according to a data release from the EU’s statistics office Eurostat on Thursday. In month-on-month terms the volume declined by 1.1 percent.
Image: PGE

Stake in PGE sold for PLN 1.32 bln

Poland’s State Treasury has announced the successful completion of the accelerated book-building process for shares in the country’s largest power utility PGE. The Treasury generated PLN 121.5 million from the sale, while state-owned investment vehicle PIR got PLN 1,204 million.