Locked content The value of EU funds for Poland won’t change – DevMin

The result of the Brexit referendum will not affect the implementation of the cohesion policy in Poland as the value of EU funds remains intact, said the Ministry of Development on Friday. “The EU treaties and EU law are valid until the UK concludes negotiations on the exit conditions with the...

President and Prime Minister comment on Brexit

The president of Poland Andrzej Duda has commented on the UK’s decision to leave the EU with the assertion that Poland will work to retain the closest possible economic and political ties with the UK and the European Union. The EU “needs to do everything to avoid a domino effect,”...

Locked content FinMin: No hectic moves over Brexit

Finance Minister Paweł Szałamacha said on Wednesday that Poland is not going to be forced into any hectic moves in relation to the possible Brexit, however the country may expect a temporary weakening of the złoty. “Subsequently, the financial markets will look at the economy’s basis, ho...

Bloomberg: Poland is sensitive to Brexit

Poland is sensitive to the referendum as it’s the biggest recipient of official aid from the EU budget, to which Britain is the third-largest net contributor and the zloty rose against the euro on Monday following the last poll, Bloomberg wrote.

Locked content Tusk to Britons: Stay with us, we need you

“I appeal to the British citizens: Stay with us. We need you. Together we will cope with future challenges. Apart it will be more difficult,” European Council President Donald Tusk wrote on Twitter. The former Polish prime minister said Britain’s closely-watched referendum on EU membersh...

Locked content Should Brexit happen, FinMin may call off 1-2 bond auctions

The Ministry of Finance has a safe level of buffer stock and in the case of possible turbulence after “Brexit” the ministry may cancel one or two bond tenders, said Piotr Nowak, deputy Finance Minister. He added that Poland wants to issue bonds denominated in yuan. Last week, the Finance...