EBRD May Lend Energa $251 Million for Polish Smart Grid Project The European Bank for Reconstruction & Development is considering loaning Polish utility Energa SA as much as 800 million zloty ($251 million) for a smart grid project, a “step change” in investment in the region, an analyst said.
June 14, 2013 - Bloomberg
Phil Woolas in Reuters Some of it of course reflects the (British) economic situation and some of it reflects the changing value of the pound against the zloty and other currencies,Immigration Minister Phil Woolas told the BBC.
Jaroslaw Kaczynski in BusinessWeek The zloty will fall, bond yields will riseif the 61- year-old Kaczynski wins, said Ryszard Petru, chief economist at BRE Bank in Warsaw. "The short-term reaction of the financial market is less important than longer term prospects for the...
Marek Belka in business new europe Immediately before his confirmation as the new Polish central bank governor, Marek Belka said on June 11: "The fact that we weren't in the euro area at the worst of the crisis helped us tremendously, because the depreciating zloty helped shield the...