Jacek Rostowski News
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Joanna Tyrowicz takes action when she’s got a point to make.
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Polish Finance Minister Jacek Rostowski said the premium his government pays on debt relative to the neighboring Czech Republic may disappear over the next four years as he strives to keep the economy out of recession in the face of monetary policy that he deems too strict.
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Polish Finance Minister Jacek Rostowski spoke on the difference between Polish and Czech bond yields, economic slowdown and monetary policy.
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Poland plans to postpone the collection of tax on shale gas production by five years and improve regulation to ensure investors continue exploring for the fuel in the eastern European nation.
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Polskie Gornictwo Naftowe i Gazownictwo SA, Poland’s dominant gas company, jumped to a record on government plans to delay taxes on oil and gas extraction.
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Poland’s plan to narrow the budget shortfall to 3.5 percent of gross domestic product this year is “achievable,” Finance Minister Jacek Rostowski said today.
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Poland’s government hasn’t yet decided on whether it will cut contributions to privately managed pension funds to narrow the budget deficit, Finance Minister Jacek Rostowski said.
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Poland won’t set a deadline to join the euro because the European Union’s biggest eastern economy first needs revamping to avoid “unpleasant consequences” from adopting the currency, Finance Minister Jacek Rostowski said.
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Poland has no plans to scrap its privately managed pension funds as it reviews a system that’s weighing on the state budget, Finance Minister Jacek Rostowski said today.
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Poland’s 2010 budget deficit beat government forecasts, which should ensure debt won’t increase as a percentage of economic output this year and will start declining in 2012, Finance Minister Jacek Rostowski said.
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