Money

Money supply up by 0.5%; cash in circulation causes worries

Money supply up by 0.5%; cash in circulation causes worriesAccording to the preliminary data of the National Bank of Poland (NBP), the money supply measured as M3, rose by PLN 65bn, or 0.5%, to a total of PLN 324.1bn in July. Since the beginning... Czytaj dalej

Farmers protest as grain purchases halt

Farmers protest as grain purchases haltFarmers continued protests started last week against halting of grain purchases by state-subsidised grain procurement companies, when the money for this year's purchases run out. Farmers have been waiting... Czytaj dalej

Farmers protest as grain purchases halt

Farmers protest as grain purchases haltFarmers continued protests started last week against halting of grain purchases by state-subsidised grain procurement companies, when the money for this year's purchases run out. Farmers have been waiting... Czytaj dalej

EU to accept SAPARD for Poland in June

EU to accept SAPARD for Poland in JuneThe Head of the Agency for Agriculture Restructuring and Modernisation (ARiMR) Aleksander Bentkowski said that it would be granted the European Union's accreditation for the SAPARD programme by the end of... Czytaj dalej

Government to cut spending through liquidation of funds and agencies

Government to cut spending through liquidation of funds and agenciesThe government announced it would reduce the number of state funds and agencies, in order to cut budget spending by the estimated PLN 2-3bn. Out of many state agencies and funds,... Czytaj dalej

PKP puts off deadline for offers on PLN 1bn bond issue placement

PKP puts off deadline for offers on PLN 1bn bond issue placementThe state-owned railways PKP extended the deadline for placing offers of organizing PLN 1bn bond issue by June 7. The original deadline expired May 23. PKP wants to raise money... Czytaj dalej

Treasury faces more problems with Stocznia Szczecinska than expected

Treasury faces more problems with Stocznia Szczecinska than expectedA few days after the government decided to renationalise the shipyard Stocznia Szczecinska, Economy Minister Jacek Piechota admitted that the State Treasury had problems with... Czytaj dalej

Elektrim fights in court for money deducted by banks

Elektrim fights in court for money deducted by banksAs expected the power and telecom holding company Elektrim's management filed a lawsuit against its shareholder BRE Bank and Bankowi Pekao, which on March 27 removed PLN 62.7mn and PLN 35.1mn... Czytaj dalej

Elektrim fights in court for money deducted by banks

Elektrim fights in court for money deducted by banksAs expected the power and telecom holding company Elektrim's management filed a lawsuit against its shareholder BRE Bank and Bankowi Pekao, which on March 27 removed PLN 62.7mn and PLN 35.1mn... Czytaj dalej

Germany ready to compromise on EU subsidies for Polish farmers

Germany ready to compromise on EU subsidies for Polish farmersGermany, which so far has not wished to earmark any money for direct subsidies for Polish farmers, now unofficially announced it was ready for a compromise. According to sources quoted... Czytaj dalej

RPP concerned with money supply

RPP concerned with money supplyA significant fall in growth pace of private deposits will be a cause for concern for the Monetary Policy Council (RPP), and might make the council reluctant to make any further monetary easing, according to the... Czytaj dalej

Pekao SA sprzedał US Money Express akcje dwóch spółek zależnych

Pekao SA sprzedał US Money Express akcje dwóch spółek zależnychBank Pekao SA zawarł z US Money Express umowę sprzedaży 110 akcji Pekao Trading Corporation New York za 2,225 mln USD oraz 10 akcji P.K.O. Trading za 2,1 mln USD - podał... Czytaj dalej

PKP cancels tender for managing PLN 1bn bond issue

PKP cancels tender for managing PLN 1bn bond issueThe Polish State Railways PKP cancelled the tender for a PLN 1bn issue of bonds when after withdrawal of Bank Handlowy-led consortium, one of the two bidders. This move would leave Westdeutsche... Czytaj dalej

Money supply up by 13.6% in 2001

Money supply up by 13.6% in 2001In December, broad money supply rose by PLN 8.26bn (USD 2.05bn), or 2.5%, to a total of PLN 334.52bn, the National Bank of Poland (NBP) said. Broad money supply grew 13.6% in the whole 2001, after rising 11.7%... Czytaj dalej

German-Polish deal signed over compensations for slave labourers

German-Polish deal signed over compensations for slave labourersThe Polish and German foundations that are responsible for the compensation payments for former NAZI slave labourers signed an agreement, under which the Polish victims will be... Czytaj dalej

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