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Europe Top News and Analysis Poland

  • Finding Growth Potential in Central Europe

    Pawel Swieboda, President, demosEuropa explains why he's optimistic on Central European nations. He adds that the shift to continental Europe has given nations like Poland an opportunity to expand into global markets.

  • WARSAW, Poland-- Officials in Poland are scrambling to explain why they failed to close the stadium roof and prevent the country's World Cup qualifier with England being postponed by a waterlogged pitch. Heavy rain on Tuesday left pools of water on the field at the $600 million National Stadium, which has a retractable roof.

  • LJUBLJANA, Slovenia-- Andrej Plut has always thought he was fortunate to live in Slovenia, at one time the most prosperous of the former republics of Yugoslavia and a star among the eastern European states that joined the EU after the fall of communism.

  • Tusk said he would find billions of euros for investment in energy and other infrastructure projects, while at the same time keeping a tight rein on government borrowing in Poland, eastern Europe's largest economy. Poland has been a rare bright spot in Europe over the past few years, managing to sustain robust growth even while its neighbours slumped.

  • WARSAW, Oct 12- Poland's chemical group Ciech. agreed to sell part of its toluene diisocyanate business to Germany's BASF for 43 million euros, Ciech said late on Friday. Ciech expects to close the deal in the first quarter of 2013..

  • WARSAW, Oct 12- The biggest shareholder in beleaguered Polish builder Polimex on Friday proposed watering down the management's plan to raise around 500 million zlotys, three days before the plan is to be voted on by shareholders.

  • --We are assigning our' BBB-' issue rating to Prologis European Properties Fund II FCP' s proposed $300 million senior unsecured notes to be issued through its financing vehicle Prologis International Funding II S.A..

  • Power for Monday was traded at 51.20 euros per megawatt-hour on the over-the-counter market, compared to 45.40 euros on the prior day. Hungary's spot fell to 44.16 euros from 46.54 euros.

  • Tusk said he would find billions of euros for investment in energy and other infrastructure projects, while at the same time keeping a tight rein on government borrowing in Poland, eastern Europe's largest economy. Poland has been a rare bright spot in Europe over the past few years, managing to sustain robust growth even while its neighbours slumped.

  • NEW YORK-- A Jewish charity co-founder who billed himself as a "Jewish Indiana Jones" bent on rescuing vintage Torahs across the globe was sentenced to more than four years in prison on Thursday for conning donors out of about $1 million. Menachem Youlus told a judge in federal court in Manhattan that he was ashamed of his scam, but still hoped for leniency.

  • WARSAW, Oct 12- Poland's central bank and the financial regulator will present plans next week to help address the economic slowdown, Finance Minister Jacek Rostowski told parliament on Friday. "The central bank Governor told me that he will present plans on how the bank plans to battle the crisis next week.

  • Tusk said he would find billions of euros for investment in energy and other infra-structure projects, while at the same time keeping a tight rein on government borrowing in Poland, eastern Europe's largest economy. Poland has been a rare bright spot in Europe over the past few years, managing to sustain robust growth even while its neighbours slumped.

  • Tusk said he would find billions of euros for investment in energy and other infra-structure projects, while at the same time keeping a tight rein on government borrowing in Poland, eastern Europe's largest economy. Poland has been a rare bright spot in Europe over the past few years, managing to sustain robust growth even while its neighbours slumped.

  • WARSAW, Oct 12- Poland's largest bank, state-controlled PKO BP, plans to issue eurobonds worth "hundreds of millions of euros", but this was more likely next year than in 2012, its deputy chief executive said on Friday.

  • LONDON, Oct 12- Turkish stocks extended gains on Friday as investors welcomed strong balance of payments data and the government's tough stance on Syria, while the forint rose after Hungary's leader talked up prospects of an IMF deal.

  • In a signal to markets concerned that Tusk should not stray from his policy of prudent fiscal policy, he said the investments would not add to the debt or deficit in Poland, eastern Europe's largest economy. "There is no other way for Poland than sustaining growth through investments," Tusk told parliament in a speech. "

  • WARSAW, Oct 12- Poland's planned multi-billion euro public investment plan announced by Prime Minister Donald Tusk will not lead to a widening of the country's fiscal deficit in 2013, Finance Minister Jacek Rostowski said on Friday.

  • WARSAW, Oct 12- Poland will create a fund at the state bank BGK and transfer shares of state-owned companies to bolster it with 10 billion zlotys, Finance Minister Jacek Rostowski said on Friday. Treasury minister Mikolaj Budzanowski added that starting from 2014 privatisation revenues will be directed to BGK to suport public investments.

  • WARSAW, Oct 12- Poland will ensure its debt and deficit remain in check, despite the country's planned boost to public investment, Prime Minister Donald Tusk said in parliament on Friday. "There is no other way for Poland than sustaining economic growth through investments," he said. " We will fight to ensure the debt and deficit at safe levels. "

  • WARSAW, Oct 12- Poland plans to invest 50 billion zlotys in the shale gas sector by 2016, Prime Minister Donald Tusk said in a speech in parliament on Friday.