So far Poland has been fairly untouched by the ongoing global financial crisis. The country is at a low risk of its banking and economy being destabilised, according to Moody's Investors Service. Moody’s assessment of the impact of global turmoil on Poland will be temporary, the rating agency stated in a report released on Tuesday. >>
At the Warsaw Stock Exchange Tuesday morning saw indexes nosedive for the second day running. At 9.30 a.m. blue chips, small and mid caps were down. The WIG20 index of largest companies plunged almost 2% losing the most, TVN24 reports. >>
PKO BP whose majority shareholder is the Treasury is mentioned among potential buyers interested in acquiring the Polish branch of AIG Bank, "Rzeczpospolita" daily reports. ‘This is the opportunity Poland could use to strengthen its institutions and take over the weaker banks in the region, not only in Poland’ Polish Deputy Prime Minister and Minister of Economy Waldemar Pawlak, told “Wprost” weekly. >>
The Polish Information and Foreign Investment Agency in co-operation with the Det Norske Veritas foundation organizes a meeting on “OECD Guidelines as a Tool for CSR Implementation in Enterprise”. The meeting will take place in Warsaw on November 25. >>
Construction of he “Port Łódź” commercial centre and the biggest IKEA showroom in Poland has just began in Łódź. At the crossroads of the Pabianicka and Chocianowska Str., where at the moment a huge building site has been organised, over 200 commercial facilities are expected to be opened by spring 2010. >>
Polish Prime Minister Donald Tusk met with European Central Bank's chief Jean-Claude Trichet to discuss Poland's road map toward euro adoption mapped out by the Polish government last month, TV Biznes reports. >>