Delay in Eureko-PZU agreement could bring complaint

A spokesperson for Dutch deputy Prime Minister Annemarie Jorritsma-Lebbink has refused to rule out the possibility that insurance company Eureko will lodge a complaint with the European Commission (EC) over the delay by Poland's Treasury Ministry in consenting to Eureko's purchase of a 21% stake in PZU. Yesterday Jorritsma-Lebbink met with Economy Minister Marek Belka, who expressed his hope that a solution could be found to the problem. She also held separate talks with Treasury Minister Wieslaw Kaczmarek. In 2000 Eureko threatened to complain to the EC, after then Treasury Minister Andrzej Chronowski announced plans to cancel a purchase agreement between Eureko and PZU. According to Eureko representatives, the company had expected to complete the purchase of the 21% stake in PZU, Poland's largest insurance company, by the end of 2001. (Prawo i Gospodarka, p. 8) M.T.