Christian's Feed
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.

Sep 13, 2013

Polish opposition party says to vote for gov’t pension reform

WARSAW, Sept 13 (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.

Sep 9, 2013

High level defection cuts Polish government majority again

WARSAW (Reuters) – Polish Prime Minister Donald Tusk’s majority in parliament was reduced to two seats on Monday by the departure of the leader of a conservative faction following months of internal wrangling and falling opinion poll ratings.

Jaroslaw Gowin, who unsuccessfully challenged Tusk for the party’s leadership in a formal vote last month, is the second MP to depart in the past two weeks amid disciplinary action against members of the conservative grouping.

Sep 8, 2013

Political reality forces Poland to dilute pro-market ideals

WARSAW (Reuters) – For years, Poland has been a liberal economist’s dream: a country where government made decisions based on market logic rather than the political imperatives that have often intruded elsewhere.

That changed this week.

Prime Minister Donald Tusk announced he was transferring a large chunk of assets from private pension funds to the state, freeing the government’s hand to boost public spending in the run-up to a national election in 2015.

Aug 14, 2013

Walesa, Poland’s flawed hero, given redemption in film

WARSAW (Reuters) – Veteran director Andrzej Wajda has earned an honorary Oscar for his catalogue of powerful movies, but he felt he had one more mission to complete before his long career ends: to tell his story of Poland’s anti-Communist icon Lech Walesa.

Premiering in a few weeks at the Venice Film Festival, Wajda’s film “Walesa. Man of Hope” is the 87-year-old director’s attempt to remind the world about the achievements of Walesa, a flawed hero who helped bring an end to the Cold War.