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.
UK historian, professor Norman Davies, officially received Polish citizenship from President Bronisław Komorowski at a ceremony on Friday.
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.
Property investor Capital Park does not rule out selling the Eurocentrum Office Complex in Warsaw, the company’s management board member Marcin Juszczyk told ISBnews. The firm may also soon finalize a retail portfolio acquisition.
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.
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.
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.
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.
There is no threat to the existence of the ruling coalition, according to a statement from government spokesperson Małgorzata Kidawa-Błońska reported by TVN24. Any personnel decisions may only be expected after the summer vacation, she said.
Railway infrastructure operator PKP PLK has signed an agreement with state-owned lender Bank Gospodarstwa Krajowego (BGK) on the issue of bonds worth PLN 2.2 billion, the bank said in a statement on Wednesday.