Property problems

The long overdue bill on restitution has suffered another setback. The latest change means it is highly unlikely that the law will be passed before the June elections. The draft, prepared by the Treasury Ministry, envisages repayment of just 15 percent of the total value of claims, which are estimated at zł.40 billion.

Compensation certificates would have been used to acquire stocks and public-owned real estate. The Ministry of Finance is worried that issuing the certificates will put the state budget in jeopardy.

Poland is the only country in the region that has not yet passed appropriate legislation.
(Poland A.M.)