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  • WARSAW, Poland— Polish lawmakers passed a new child benefit scheme Thursday which will give monthly payments of 500 zlotys for all second and subsequent children in a family. "This is a very important day for Polish families," Prime Minister Beata Szydlo told lawmakers before the vote. "This is the day when we can finally say that Poland has joined those states that...

  • EU chief fears copycat 'Brexit' referendums Thursday, 11 Feb 2016 | 3:27 AM ET

    Other EU leaders are ready to copy David Cameron’s referendum tactics for their own “egotistic goals”, the European Council president has said. The FT reports.

  • LONDON, Feb 9- Emerging market stocks and oil-linked currencies fell on Tuesday, though for once the decline seemed to be the consequence rather than the cause of a sharp sell-off in the world's most developed markets. Stocks in Warsaw, which have bounced only half the 12 percent the rest of eastern Europe has gained since mid-January due to concerns over its new...

  • London's bid to win exemption from the European Union goal of "ever closer union," preserve its financial sector from regulation by the euro zone and curb access to in-work benefits for EU migrant workers won backing from Poland as the meeting of national negotiators- or sherpas- began in Brussels. The powerful leader of Warsaw's new ruling party, Jaroslaw...

  • WARSAW, Feb 4- Poland has decided to scrap the $3 billion deal for 50 Airbus utility helicopters and will buy only a few aircraft from the European company, the daily Rzeczpospolita reported on Thursday citing defence sources. The move, coming months before a NATO summit in Warsaw where Poland is expected to seek more allied presence on its territory, could strain...

  • MSCI's emerging market index fell 1.3 percent with bourses across much of Asia, Russia and eastern Europe chalking up losses as oil prices fell for a second straight day towards $33 a barrel. People were hoping that if the RBI wanted to be overly dovish, that would be a sign you would get a bit more support from central banks, "said Rich Kelly, head of global strategy at...

  • WASHINGTON— The Obama administration said Tuesday it will propose quadrupling what it spends on its troops and training in Europe, as part of the U.S. military's accelerating effort to deter Russia. President Barack Obama, in his final budget request to Congress, will ask for $3.4 billion— up from $789 million for the current budget year— for what the Pentagon...

  • WARSAW/ BRUSSELS, Jan 29- A new pipeline to double Russian gas flows to Germany will only go ahead if Russia does not cut off Ukraine and eastern European gas flows, German Vice Chancellor Sigmar Gabriel told the Polish government on Friday. During a day-long visit to Poland, Gabriel sought to calm Polish fears, saying he had told Moscow that Nord Stream-2 could only...

  • Polish ruling party demands banks explain price rises Tuesday, 26 Jan 2016 | 12:36 PM ET

    WARSAW, Jan 26- Poland's ruling party has summoned top bank executives to explain recent fee increases, warning that they could be acting illegally if they are passing on the cost of a planned tax. The mostly foreign-owned banks are scheduled to appear next month before parliament's public finances committee, marking an escalation of tensions with Poland's...

  • WARSAW, Jan 26- Poland's $3 billion army helicopter deal with Airbus is "very likely" to be cancelled, the deputy defence minister said on Tuesday, signalling one of Warsaw's key military programmes, speeded up in response to the Ukraine crisis, may face delays. Poland's previous centrist government, beaten by the Eurosceptic Law and Justice party in a...

  • WARSAW, Jan 26- Poland's $3 billion army helicopter deal with Airbus is "very likely" to be cancelled, the deputy defence minister said, signalling one of Warsaw's key military programmes, speeded up in response to the Ukraine crisis, may face delays. Poland's previous centrist government, beaten by the Eurosceptic Law and Justice party in a parliamentary...

  • BRUSSELS, Jan 18- Europe is torn between upholding its values and pursuing its interests in the multiple crises over refugees, challenges to the rule of law, relations with Russia and Turkey, and Britain's membership that are shaking the European Union. To critics including human rights campaigners, Europe is too willing to betray its principles.

  • WARSAW, Jan 18- Polish banks may be able to spread losses linked to looming Swiss franc mortgage conversions over time, the finance ministry said on Monday, after a draft FX loan bill sent the shares of Warsaw-listed lenders to multi-year lows. President Andrzej Duda laid out a draft law on Friday to saddle lenders with the costs of converting Swiss franc loans...

  • Poland's President Andrzej Duda laid out a draft law on Friday to saddle lenders with the costs of converting Swiss franc loans into zlotys and signed the bank tax into law, which could undermine one of Europe's healthiest banking sectors. It says the levy, which applies to banks with assets above 4 billion zlotys, could raise 4 billion- 5 billion zlotys for this...

  • LONDON, Jan 14- Emerging assets took another dive on Thursday with stocks plumbing fresh 6-1/ 2 year lows and currencies slipping as oil dipped below a key threshold and fresh investor concerns over global growth. "The worries about China aren't over yet- there might be a respite, or a calmer period now the Chinese authorities are intervening," he said, adding that any...

  • *Hungary could benefit from political ructions in rival Poland. BUDAPEST, Jan 13- Hungary could become the favoured destination for investors' cash in Central and Eastern Europe this year on the back of an expected return to investment grade debt rating and concerns about main rival Poland's new right-wing government. Poland, on the other hand, could be losing...

  • MSCI's broadest emerging market index fell 0.5 percent to a one-week low, on track for an annual loss of more than 16 percent in its third year in the red. Many bourses in Asia ended their day on a sour note while in Russia dollar-denominated stocks stumbled 1.5 percent and their rouble peers lost 0.2 percent. In Ukraine, Finance Minister Natalia Yaresko said the...

  • WARSAW, Dec 14- Poland's ruling conservatives have ousted several top executives of state-owned companies since taking power after an October election, in what investors worry marks the start of a campaign to seize more control over the economy. "When I hear how good Poland is going to be and at the same time I witness how the economy is getting battered, I truly...

  • LONDON, Dec 8- Emerging market stocks extended their four-day losing streak on Tuesday as bourses and currencies came under pressure from weak China trade data and the fall-out of Monday's oil price rout, with South Africa's rand hitting a new record low. MSCI's broadest emerging market index slid 1.3 percent to the lowest in just over two months.

  • WARSAW, Dec 4- Australian coal company Prairie Mining plans to apply in 2016 for a concession to extract coal in Poland, a step towards starting construction of a proposed mine, it said on Friday. Prairie Mining plans to build a $685- million coal mine in Lublin in southeastern Poland at a time when slumping coal prices and high production costs have pushed local...