Merrill Lynch's report about Poland

Merrill Lynch predicts the upsurge in the inflation and in the interest rates in Poland. And although the other economists do not believe in such scenario, the prices may grow even two times faster than last year.

Brussels wants to close Polish shipyards

The European Commission said "enough" to the grants on Polish shipyards. Brussels said that they cannot protect them from the ruthless market just because it is a birthplace of "Solidarity". Taking away of the grants, which amount to billion zlotys, means the bankruptcy for the yards.

National Bank of Poland lost billions

NBP (National Bank of Poland) has a huge loss: 7.8 billion zloty in 2007. This is the result of zloty strenghtening. It lowered a valuation of the bank's monetary reserves. Had it not been for the high profits of the central bank from an operating activity, the loss would have reached 12 billion zloty.

Tours for Poles worse than for Germans

Poles pay more than Germans, but get less. For the holidays in south countries, bought in the same travel agency, we will get worse room, but we need to pay up to 40 percent more.

Cisco in Cracow

On Tuesday, the representatives of city, state and of Cracow's three largest universities, have signed with Cisco - IT giant - an intentional letter concerning the development of a knowledge-based economy.