Poland to set up rating agency

The Warsaw Stock Exchange and the Polish Development Fund will establish a Polish rating agency addressed to mid-cap companies, Development Minister Mateusz Morawiecki said on Monday. "Of course, more powerful countries are trying to establish their agencies, while the big three agencies continue to dominate. We don't want to compete with them, but we want to fill a niche for mid-caps who can't afford them," Morawiecki said.