Christian's Feed
Oct 24, 2013

Poland’s roads to ruin

MSZANA, Poland, Oct 24 (Reuters) – When Poland started
handing out billions of euros worth of contracts for a wave of
road-building five years ago, everyone was meant to benefit.

Poland would bring its decrepit transport system into the
21st century, European construction firms would win contracts at
a time of recession, and the European Union, whose cash helped
fund the work, could point to how it was helping.

Oct 10, 2013

Coalition with left could keep Poland’s Tusk in power

WARSAW (Reuters) – Polish Prime Minister Donald Tusk and the leftist opposition could form a coalition after the next election, senior figures from both parties say, a deal that would keep Tusk in power and commit Poland to a timetable for joining the euro.

Tie-ups between the parties – or their predecessors in Poland’s fractured political landscape – have never got off the ground in the past because the ideological divide was too great. This time people on both sides say the gap is narrowing.

Sep 29, 2013

Make or break for Poland as EU cash floods in

WARSAW (Reuters) – Elzbieta Bienkowska, a 49-year-old mother with a tattoo on her arm and back, has more money to invest than any other Polish minister in history.

As minister for regional development, she is responsible for allocating 73 billion euros ($99 billion) of European Union money over the next seven years with the aim of closing the gap between ex-communist Poland and western Europe.

Sep 27, 2013

Polish entrepreneurs come of age with global acquisitions

WARSAW (Reuters) – Polish companies are buying into foreign markets long dominated by Western multinationals, driven by growth at home and a hunger to prove they are no longer Europe’s poor relations.

Twenty-four years after Communist rule ended in Poland, its companies now have the scale, knowledge and self-belief to expand abroad, chief executives and government officials said at a Reuters Eastern Europe Investment Summit this week.

Sep 27, 2013

REUTERS SUMMIT/-Polish entrepreneurs come of age with global acquisitions

WARSAW, Sept 27 (Reuters) – Polish companies are buying into
foreign markets long dominated by Western multinationals, driven
by growth at home and a hunger to prove they are no longer
Europe’s poor relations.

Twenty-four years after Communist rule ended in Poland, its
companies now have the scale, knowledge and self-belief to
expand abroad, chief executives and government officials said at
a Reuters Eastern Europe Investment Summit this week.

Sep 26, 2013

Europe’s east asks: do we have a place in banking union?

WARSAW (Reuters) – Eastern European countries outside the euro zone are worried they will not have a say in shaping the planned European banking union, and the result will be a new regulatory system skewed towards euro zone banks.

Debate about the banking union – which was conceived as a way to prevent a repeat of the EU’s sovereign debt crisis – has centered on European Union institutions and big euro zone economies such as Germany.

Sep 25, 2013

Romania PM says spurning gold project would deter investors

BUCHAREST (Reuters) – Romania would send a catastrophic message that it is not open for investment if it rejects a gold mining plan by Canada’s Gabriel Resources (GBU.TO: Quote, Profile, Research, Stock Buzz), Romanian Prime Minister Victor Ponta said on Wednesday.

Romania’s parliament is debating a law permitting the Rosia Montana project, which would be Europe’s biggest open-cast gold mine. It would provide much-needed investment but has triggered street protests by people who say it will hurt the environment.

Sep 25, 2013

Romanian court backs stray dog cull

BUCHAREST (Reuters) – Romania’s top court ruled in favor of a law to kill tens of thousands of stray dogs from the streets of Bucharest on Wednesday after a four-year-old boy was mauled to death earlier this month.

The boy’s death triggered street protests demanding action against the capital’s more than 60,000 strays, who bite dozens of people every day and are also a deterrent for tourism.

Sep 23, 2013

Poland declines once again to answer questions on alleged CIA jails

WARSAW (Reuters) – Poland’s government has, for a second time in 12 months, declined a request from the European Court of Human Rights to provide information about the alleged existence of secret CIA jails on its soil.

The Strasbourg-based court is trying to find out how closely Poland cooperated with the clandestine part of U.S. operations against Islamist militancy.

Sep 13, 2013

Polish opposition party says to vote for government pension reform

WARSAW (Reuters) – Poland’s SLD opposition party will vote for the government’s hotly-contested pension reform when it comes before parliament, the party’s leader said, ensuring it is adopted even if the government cannot muster a majority on its own.

Prime Minister Donald Tusk’s majority is down to 232 seats out of the 460 in parliament after three lawmakers quit his party, and some members of parliament still in the party could abstain from the pension vote or even vote against.