Money

Germany warns there might be not enough money for compensations

Germany warns there might be not enough money for compensationsGermany, which started to pay out the first tranche of compensations to the Nazi-era slaves last Friday, indicated there might be not enough money to pay the promised compensations... Czytaj dalej

Broad money goes up 1.1% in June 1-10

Broad money goes up 1.1% in June 1-10Broad money supply rose 1.1%, or PLN 3.2bn (USD 815mn), to PLN 308.17bn (USD 77.04bn) in the first ten days of June, according to NBP data. The money supply rose 4.7% from the beginning of the year. Preliminary... Czytaj dalej

The budget is supported by the inability of ZUS to transfer funds to OFEs

The budget is supported by the inability of ZUS to transfer funds to OFEsThe Social Insurance Board (ZUS) announced it would be unable to send the due contributions from the last two years to open pension funds (OFEs). To transfer the money,... Czytaj dalej

Popular justice minister Kaczynski faces allegations of embezzlement

Popular justice minister Kaczynski faces allegations of embezzlementLast Sunday, the public television aired a programme in which Justice Minister Lech Kaczynski and his brother Jaroslaw were accused of misappropriation of money from the Foreign... Czytaj dalej

Broad money is up 0.6% m/m and 13.5% y/y in May

Broad money is up 0.6% m/m and 13.5% y/y in MayBroad money rose 0.6% in May to a total of PLN 304.92bn (USD 76.91bn), according to the National Bank of Poland's (NBP) preliminary report. Money supply rose 3.5% from the beginning of the year... Czytaj dalej

FinMin proposes to tax EU aid money

FinMin proposes to tax EU aid moneyThe Finance Ministry proposed that companies that redistribute funds from EU programmes should pay income tax. Under the proposed regulations tax exemptions would be granted only to the final beneficiaries... Czytaj dalej

EU banks would not need a license to operate in Poland

EU banks would not need a license to operate in PolandAmendments to the banking law passed by the Sejm yesterday will allow EU-based banks to operate in Poland with just a permission from the Banking Supervisory Commission. The law would also... Czytaj dalej

GDDP plans to spend PLN 150bn for bringing Polish roads to EU standards

GDDP plans to spend PLN 150bn for bringing Polish roads to EU standardsThe Polish road authority Generalna Dyrekcja Drog Publicznych (GDDP) plans to spend PLN 150bn (USD 62.5bn) to upgrade Polish roads to EU standards by 2015. PLN 71.4bn of... Czytaj dalej

World Bank grants a USD 15mn loan to MPEC

World Bank grants a USD 15mn loan to MPECThe Cracow heat energy company Miejskie Przedsiebiorstwo Energetyki Cieplnej (MPEC) will take out a loan for the equivalent of USD 15mn from the World Bank. The money is to be used for modernisation of... Czytaj dalej

Money supply goes up 1% over May 1-10

Money supply goes up 1% over May 1-10Money supply rose 1% or PLN 2.91bn (USD 733.5mn), to 305.78bn (USD 76.4bn) in the first ten days of May, after a 0.6% rise in all of April, the National Bank of Poland (NBP) announced on Tuesday. Broad money... Czytaj dalej

Government assistance for HTS steel mill possible

Government assistance for HTS steel mill possibleThe government adopted a resolution on public support for the steel industry. Under the new regulation, the state will be able to provide guarantees to the steel mill Huta Sendzimira (HTS). HTS... Czytaj dalej

Broad money goes up by 0.6% in April

Broad money goes up by 0.6% in AprilThe broad money rose by PLN 1.87bn (USD 465.4mn) or 0.6% in April to a total of PLN 302.87bn (USD 75.5bn), the preliminary National Bank of Poland (NBP) figures showed. The broad money growth rate was slower... Czytaj dalej

Broad money goes up 14% y/y in Apr 1-20

Broad money goes up 14% y/y in Apr 1-20Broad money supply rose PLN 101.1mn (USD 25.6mn), to PLN 301.1bn (USD 75.2bn) in the first twenty days of April, the National Bank of Poland (NBP) reported on Friday. The broad money supply rose 2.3%, from... Czytaj dalej

Swoje usługi oferuje już Inteligo

Swoje usługi oferuje już Inteligo W końcu kwietnia ruszył konkurent dla wirtualnego mBanku – bank Inteligo. Bank prowadzi rachunki nie pobierając za to żadnych opłat. Oferuje prowadzenie konta indywidualnego, wspólnego i firmowego.... Czytaj dalej

Money supply goes up 0.7% in April 1-10

Money supply goes up 0.7% in April 1-10The money supply (broad money) rose 0.7%, or 2.14bn (USD 529.9mn), to PLN 302.94bn (USD 75.72bn) during Apr 1-10 period, according to NBP's preliminary data. Money supply rose 2.9% from the beginning of... Czytaj dalej

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