Monthly Archives: July 2010
Polish MPs suggest setting up common foundation with Russia
Polish MPs have suggested setting up a joint foundation of dialogue and cooperation with Russia. Continue reading
LOT Polish Airlines fights for profits
LOT Polish Airlines told ATW this week that it is making every effort to return to profitability. “The situation within the company is very difficult but improving,†President Sebastian Miskosz said in Warsaw. Continue reading
Poland delays deficit cut, eyes VAT hike
Poland does not need “radical” measures to bring its public finances back under control, Prime Minister Donald Tusk said on Friday, but he confirmed plans for a temporary hike in value-added tax and a cap on state spending.
Under a long-term financing programme due to be approved next Tuesday, his centre-right government will delay cutting its budget gap to the European Union’s 3 percent of GDP ceiling by a year to 2013 but borrowing needs are seen falling thanks to a planned $18 billion sell-off of state assets. Continue reading
Polish museum debuts 3-D movie about World War II
Hollywood’s current infatuation with 3-D has almost exclusively benefited science fiction, action and animated movies. But 3-D can also be used for historical films, as proved by a new initiative by a museum in Poland. Continue reading
19 Months of Talks – And Still No Poland, Russia Gas Deal
The Polish government still hasn’t signed a new intergovernmental gas agreement with the Russian Federation despite 19 months of negotiations. Without the contract, it may not be able to avoid shortages of gas during the upcoming winter season. Continue reading
Poland Mulls Tax Hike to Lower Deficit
Poland’s center-right government is beginning to talk of raising taxes to help reduce the budget deficit and public debt that, on its watch, have risen to unprecedented levels. The ruling Civic Platform party has never seemed closer to abandoning its flagship low-tax agenda, faced with debt nearing Poland’s legal limits after tax cuts of previous years and the global financial crisis taking its toll on economic growth and budget revenue. Continue reading
Polish Prisoners on Front Lines in Fight Against Anti-Semitism
Like many countries in Eastern Europe, Poland is dotted with hundreds of Jewish cemeteries left behind when the country’s Jewish population was decimated during World War II. But Poland’s Jewish community and its Prison Service are teaming up to care for the grave sites and combat anti-Semitism at the same time. Continue reading
Polish intelligence had warned of attack on Indian embassy in Kabul
Polish intelligence had, a week before the 2008 Indian embassy bombing, warned of a possible Taliban attack on Indian interests in the Afghan capital with the “main goal” to show its ability to attack on every object in Kabul, according to a document leaked by whistleblower site WikiLeaks. Continue reading
Polish State Still Suspicious of Things Digital
What do you need to send invoices by email so that they are recognized by the tax office? Not necessarily an electronic signature, no. In Poland, you need to print your electronic invoice and make the paper look like it came in an envelope. Fold and unfold a few times, and there’s the low-tech answer to the Polish government’s suspicion of things digital. Continue reading
Czech and Poland Decoupling from Region, or Vice Versa
Assets in the Czech Republic, Poland, Slovakia and Hungary have long been lumped into one basket by investors, but with Hungary recently on its own roller-coaster adventure and Slovakia now firmly entrenched in the euro zone, Polish and Czech markets are decoupling from the region, or vice versa. Continue reading