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Will miners accept only a slightly modified sector restructuring plan?

The Economy Ministry has proposed yet another set of amendments to its mining sector restructuring program. Under the new plan the sector would face fewer redundancies (probably 25,400 as opposed to 27,200), social cover for those to be laid-off, and settling most of the sectors legal and financial liabilities, as well as downsizing the capital of Kompania Węglowa to zł. 1.3 billion from zł. 3.5 billion. Under the new blueprint the total restructuring costs would amount to around zł. 8.6 billion, plus another zł. 20 billion to write-off liabilities. The Cabinet will probably rubber stamp the proposals and later today present them to the miners unions for discussion. (Parkiet, p. 7; www.onet.pl) J.K.

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