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NEWS

Polish PM appoints the Economic Council

An Economic Council is to be established at the Polish Prime Minister’s Office. The new body will be responsible for reviewing current and planned activities of the government.

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WSE MARKET SUMMARY

• International Week In Brief - 20.02.2010

Information that got a lot of publicity on the markets was about FED decision, taken already after closing of Thursday trading session in Wall Street, about an increase of discount interest rate by 25 basis points up to 0.75 percent. At the same time (for the time being ?) the main interest rate was maintained at the level of 0.25 percent.
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ECONOMY

In support of intelligent power grids

A draft proposal for Intelligent Power Supply Networks will be complete by June 2009 as a financial instrument designed to implement state-of-the-art network solutions upgrading energy efficiency at the national scale. Implementation of the draft proposal was officially announced on 26 February 2009, during Energy, Efficiency, Environment Forum held at the National Fund for Environmental Protection and Water Management in Warsaw. Professor Andrzej Kraszewski, Polish Minister of the Environment, participated in the meeting.

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EU-China Economic Forum to be held in Kraków and Brussels.

With a growing acknowledgment for the need to diversify and to consolidate the linkage between economists, policy makers and practitioners from China and Europe, the need to establish a European Union-China Economic Forum arises. The Forum will serve as a high level platform, giving Chinese and European experts in the field of economy, politics and science an opportunity for in-depth research-based exchanges on global issues of mutual interest.

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BUSINESS

Positive forecasts for commercial real estate market in Poland

Cushman & Wakefield’s latest report on the real estate market Marketbeat – Spring 2010 presents an analysis of the office, retail, industrial, hospitality and residential markets as well as the investment market in Poland in 2009. The report also provides forecasts for the future development of the real estate sector.

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Not just Euro 2012

Infrastructure, which a vast proportion of society does not realise, is an area of the economy in a considerable state of inertia. We need to cope with the results of an error committed in planning an investment project for forty to fifty years, or longer – Zbigniew Szafrański, President of PKP Polskie Linie Kolejowe SA tells Polish Market’s Jerzy Bojanowicz.

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SCIENCE

World Centre for Partial Deafness Treatment

A World Centre for Partial Deafness Treatment is to bel set up in Kajetany near Warsaw. Its first part is to be ready by mid 2011.

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UK scientists help bring Polish research and business together

Poland is a country with great academic potential, yet the rate of translating scientific projects into business enterprises is among the lowest in the world. Poland is now on a quest to build a knowledge-based economy, as outlined in national and regional economic development strategies. Bringing research and business together is crucial.

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CULTURE

Chopin at the British Library and on Wall Street

‘The Romantic Refugee’, an exhibition focused on the 200th birth anniversary of Polish composer Frederic Chopin has opened in the British Library in London.

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The most modern biographical museum in Europe

Following a complete modernisation, a new Frederic Chopin Museum was inaugurated in Warsaw on March 1. Based at the Ostrogski Palace it was described by Polish culture minister Bogdan Zdrojewski as the most modern biographical museum in Europe. Maciek Proliński went to take a look.

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PRESS RELEASES

CEE boosts industrial real estate market

Central Europe continues to play a significant role on the industrial real estate map, and despite the rebalancing of the global economy, the market saw a number of major transactions; last year, around 1.5 million square metres of modern industrial space was let in the Central European region.

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WSE becomes a „Recognised Stock Exchange”

The Warsaw Stock Exchange has received the “Recognised Stock Exchange” designation from HM Revenue and Customs (HMRC). The designation awarded to the WSE Main List and the retail EU-regulated segment of Catalyst will make these markets more attractive and accessible for UK-based investors.

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EURO 2012

Work on Wroclaw stadium resumed

A discussion on the general schedule of investments was the main subject of Wednesday's meeting of the representatives of the new Wrocław stadium contractor for the European Football Championships in 2012 - Max Boegl company with the management and engineers of Wrocław 2012.

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BLOG

Missing the logic of pension savings

Talk all you will in Poland and abroad about the need to reform pension systems, push back retirement age and encourage private voluntary pension savings and the message invariably misses the mark.

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