What's New in Poland
Poland will reduce public debt in 2012
Poland will succeed in reducing its public debt in 2012 even if the zloty enjoys no appreciation in relation to 2011, Finance Minister Jacek Rostowski told radio TOK FM Thursday morning.
"It's a year of trend reversal. Even if we didn't see any improvement in the zloty's value in comparison to December [2011], we would still record debt decline by around PLN 25 billion in relation to GDP," Rostowski said.
The zloty's recent depreciation is no surprise or reason for concern to the Finance Minister."I am not surprised that the zloty is reacting that way - it always weakens when the euro does. . .," he said.
Poland is well prepared for the period of turbulence related to Greece's potential exit from the euro zone, as it has already financed two thirds of borrowing needs, the official added.
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Events in Poland
Sinead O’Connor to play in Wroclaw in June
An acclaimed Irish singer-songwriter Sinead O’Connor will give a concert in the western Polish city of Wroclaw on June 19 to promote her last album „How About I Be Me (And You Be You)?”.
The gig will be part of a three day event called WrocLove Fest 2012 featuring also such international names as reggae protagonists Gentleman and Stephen Marley as well as Spanish flamenco chill star Chambao.
O’Connor rose to fame in the late 1980s with her debut album “The Lion and the Cobra”. In 1990 she achieved worldwide success with a cover of the song “Nothing compares 2U”.
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- The National Museum in Warsaw: Standing in the Master’s Shadow: Sara Lipska (Królikarnia Palace), Aug. 19-Nov. 4 August 19th, 2012 — 0 Comments
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