Locked content EU transfer funds for November and for 2017 totals enumerated

Transfers of funds from the European Union to Poland totalled PLN 1.02 billion in November, the Ministry of Finance has said in a statement. As part of the Cohesion Policy, Poland received PLN 3.13 billion. Under the Common Agricultural Policy, Poland received PLN 515.5 million. In November, Poland ...

Locked content Polish town proposes own currency

A new currency may appear in Poland, the Otwock mark. It aims to support local businesses, as well as help older people and students. Three percent of the marks issued would go into the powiat (county) budget. Otwock city council member Marek Leśkiewicz has filed the appropriate applications with th...

Finance Ministry to issue PLN 3-6 bln bonds

The Ministry of Finance has announced that it will offer wholesale bonds at an auction on Thursday. They are from the OK1018 and DS0727 series (maturing in 2018 and 2017 respectively) and have a total value of PLN 3-6 billion.

Locked content Poland received €505 mln from EU in VIII

The Ministry of Finance said in a filing that Poland has received €505.4 million from the European Union in August 2016, of which €464.7 million consisted of current transfers, and €40.7 million constituted capital transfers. The support provided by cohesion policy stood at €105 million, and €386 mi...

Locked content FinMin: VAT bill to bring PLN 3.4 bln annually

Poland expects PLN 3.4 billion in annual value-added tax (VAT) revenue boost on the implementation of a package of VAT tightening solutions, according to a draft bill presented by the Ministry of Finance. Most of the solutions are to take effect as of January 1, 2017, estimated at PLN 3.1 billion. T...

Locked content FinMin will offer bonds for 500+ recipients

The ministry of finance will start selling bonds addressed to the beneficiaries of the 500+ program in October, the ministry said. The ministry will offer bonds maturing in two, three, four and ten years. Additionally, the ministry will introduce ROS series bonds maturing in six years and ROD series...

Locked content MF sold bonds worth PLN 12.7 bln; redeemed for PLN 12 bln

The Ministry of Finance has sold wholesale WZ0120, PS0721 and WZ0126 series bonds valued at PLN 12.74 billion with PLN 10.79 billion demand, a statement read. WZ0120 series bonds have been sold for PLN 2.8 billion (maturing in 2020). PS0721 series bonds have been sold for PLN 5.94 billion (maturing ...