News tagged "euro zone"
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Polish Central Bank Chief Concerned More Banks On Sale - Reuters
More European banks, faced with pressure from the euro-zone crisis, may put their Polish units up for sale, following several such recent moves, Marek Belka, governor of the National Bank of Poland, is quoted as saying by Reuters Thursday.
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In Poland, embracing Europe but not the euro
WARSAW ? Here in Poland, where dreary communist-style apartment blocks still dominate the landscape, the euro was once hailed as a fast-track ticket to the economic big league. Now, after years of problems in the euro zone, Poles have realized that the big league ticket was in their pockets all along. Their own currency, the zloty, has buffered Poland from the turbulence surrounding it, and few ...
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A draft of Europe's fiscal union treaty keeps Poland out of key decision-making summits
Despite its policy of striving to swim in what the government calls the ?European mainstream,? recently leaked drafts of Europe?s proposed fiscal union treaty suggest that Poland could be excluded from taking part in euro-zone summits even after signing the agreement, reported the Polish Press Agency, which gained access to the documents.
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Key political risks to watch in Poland
WARSAW , Jan 9 (Reuters) - Prime Minister Donald Tusk 's domination of Polish politics looks unassailable three months after his centre-right party won re-election but an economic slowdown sparked by the euro zone crisis could erode public support for painful reforms.
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Poland to extend retirement age
WARSAW : The Polish government wants to raise the retirement age for uniformed services personnel and increase their minimum length of career as it tries to curb spending to safeguard against fallout from the euro zone's debt crisis.
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Poland?s PM favors changing EU Treaty to increase financial security
WARSAW, Poland ? Poland?s Prime Minister Donald Tusk said Thursday he is in favor of a swift change to the European Union Treaty to allow for greater financial security and integration on the continent. Tusk said changes should be made to allow ?efficient management in the euro zone? and to strengthen those forces that are working to consolidate the continent at a time when it is facing a major ...
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Poland appeals to Germany to act to save euro zone
WARSAW (Reuters) - Poland's foreign minister has appealed to Germany, the European Union's most powerful economy, to show leadership and avert the collapse of the euro zone. "There is nothing ...
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Poland appeals to Germany to save Europe
WARSAW (Reuters) - Europe stands on the brink of disaster and only Germany, its biggest economy, can avert an "apocalyptic" breakup of the euro zone and the EU's single market, Poland's foreign minister said in a dramatic appeal to Berlin. "There is nothing inevitable about Europe's decline. But we are standing on the edge of a precipice. This is the scariest moment of my ministerial life but ...
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New Polish government wins parliamentary backing
WARSAW (Reuters) - Poland's new government led by Prime Minister Donald Tusk won a parliamentary vote of confidence on Saturday after he vowed to push through tough reforms to shield the economy from the euro zone crisis. In the 460-member lower chamber, the Sejm, 234 deputies backed the two-party coalition -- comprising Tusk's centre-right Civic Platform and the small agrarian Peasants' Party ...
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Poland's new government wins parliamentary backing
WARSAW (Reuters) - Poland's new government led by Prime Minister Donald Tusk won a parliamentary vote of confidence on Saturday after he vowed to push through tough reforms to shield the country's economy from the euro zone crisis.
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Poland, eyeing euro crisis, launches austerity drive
WARSAW (Reuters) - Poland's Prime Minister Donald Tusk vowed on Friday to raise the retirement age and slash tax and pension privileges to reduce debt and shield the European Union's largest eastern economy from the euro zone crisis. Unveiling his newly re-elected government's plans, Tusk said even priests in this staunchly Catholic nation would be affected by a pension shakeup, part of an ...
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Euro zone still unsafe to join despite deal: Poland
WARSAW (Reuters) - The euro zone is still not safe for Poland to join despite this week's agreement on measures to halt its sovereign debt crisis, Finance Minister Jacek Rostowski said Friday, adding it would be several years before Warsaw sets a new date for membership.
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EU officials' comments after talks in Poland
WROCLAW, Poland (Reuters) - Here are comments from senior European officials made on Saturday after two days of talks on the euro zone debt crisis, financial sector reform and other issues in the Polish city of Wroclaw.
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Poland takes over EU presidency at time of crisis
WARSAW (Reuters) - Poland takes over the European Union's rotating presidency for the first time on Friday aiming to promote economic reforms and deeper integration in the bloc struggling with debt crisis in the euro zone's peripheries.
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