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In Brief: Kołodko on 19%; Flat construction; złoty rates; Foreign debt paym ents

The Finance Minister went on record to state that a 19% corporate tax rate flirted by Economy Minister Hausner is not possible (Puls Biznesu, p. 6) ... The number of flats constructed rose 49.2% year-on-year in March, but was d own 10.5% from February, the Central Statistical Office (GUS) said on Frida y. (Reuters) ... The złoty is seen strengthening to the euro by the end of this year with the average forecast rate of 4.1268 indicating a 3% rise ver sus the single unit, a Reuters poll showed on Friday. The złoty is expected to trade at 3.8946 against the U.S. dollar at the end of the year. (Gazeta Wyborcza, p. 26; Reuters) ... On Friday the Finance Ministry said it paid b ack approximately $888 million in debt denominated in euros and U.S. dollars to cover interest and capital payments to the Paris Club, as well as intere st paid on bonds issued on international markets. (Parkiet, p. 24; Reuters) A.Z.

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