In Brief: Bank PKO BP share sale in 2004; Flat rate tax; El-Net acquisition

The Prime Minister said in a press conference yesterday that he does not believe the country is ready to adopt a flat rate form of taxation. Leszek Miller added that while the flat rate tax has many advantages, for now the government will only make calculations and simulations. (Gazeta Wyborcza, p. 4) ... Commerzbank's BRE Bank is negotiating the acquisition of El-Net fixed-line telecom operator from a joint-venture of France's Vivendi and Polish conglomerate Elektrim. Elektrim Telekomunikacja tried to sell El-Net to Raiffeisen Investment Polska, however the deal fell through in the middle of November. (Parkiet, p. 1) A.Z.