27.09.2012
The Polish government has entered bargaining with employers and trade unions regarding possible restrictions on civil law contracts.
24.09.2012
The European Commission has opened a probe into Gazprom – on suspicion that the Russian energy giant manipulates the prices of fuel and restricts competition. Over the recent months the...
The announcement of Prime Minister Donald Tusk’s keynote address has spurred the Polish opposition into action. In early September, all opposition parties presented their ideas for the economy....
20.09.2012
At the end of September at the latest, a draft budget for 2013 will be submitted to the Sejm. Due to the economic slowdown, it may be difficult to implement it, but this does not have to be so. The...
19.09.2012
The joy over the record low interest obtained by the Polish government when selling the dollar bonds for USD 2 bn seems justified. Unfortunately, only at first glance.
14.09.2012
We are reducing the deficit because financial markets are very sensitive to its level, but we are not joining the euro area. Accordingly, we are losing the “umbrella” of the ECB, a chance for the...
04.09.2012
As far as the changes in pension system are concerned, we may learn the most from the Czechs and Slovaks. Surely, we should make every effort in order to prevent the government from nationalizing...
03.09.2012
“The era of optimism dies in the crisis, but in dying it gives birth to an era of pessimism. This new era is born, not an infant, but a giant”. Both optimism and pessimism underpin the...
28.08.2012
When Wayne D. Angell, who passed for the one of the Fed’s most vigorous inflation fighters, left the Fed in 1994, one of the American newspapers commented on his resignation – Angell leaves, the...
22.08.2012
The collapse of Amber Gold has generated a number of calls for liquidating parabanks or bringing them, on a mandatory basis, within the scope of oversight. However, identifying financial institutions...