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Gov't launches new chance policy for Polish firms

12:35

Sejm adopted a new restructurization law on Tuesday evening which will allow protection of Polish firms facing financial difficulties and save more jobs during a restructuring process.

The new bill includes three components: an amendment to the The Act on Bankruptcy and Reorganization Law, the new Restructurization Law and several adjusting regulations.

The new regulations are to implement a so-called new chance policy, i.e. a complex national economic strategy regarding protecting entrepreneurs, workplaces, intellectual capital and know-how.

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