European Commission supports Poland in the conflict with Eureko

The European Commission (EC) will not blame Poland for not taking proper action during the failure to sell PZU shares to the Dutch insurer Eureko. The report, which was written due to demands from the Dutch, will publish official an statement on the matter in a special report due out by the end of May. The commission withdrew from its previous inclination to protect foreign investors in candidate countries, as it lacks legal foundations to act against their governments, EU analysts revealed. While European law forbids discrimination against foreign companies, a country may be found guilty of discriminatory activity only through a court trial and ruling. Eneko Landabrau, responsible for EU expansion in the EC, admits that several cases of companies being treated improperly by the Polish authorities had been reported. However, as he put it, " a few cases where foreign capital pulls out cannot automatically evoke an unfavorable evaluation of gove rnment's performance". (Rzeczpospolita, p. B1) M.K.