Saved and Lost
Poland is one of the brightest emerging markets in the world – with a robust economy surpassing expectations again in 2013 and the only EU country not to have negative grow during the financial crisis -- It may be about to tarnish its reputation.
As part of an overhaul of the country's pension system, Warsaw transfer $50 billion from privately-managed funds to the state of Polish government bonds and government-backed securities, which will then be canceled.
Unions protest pension take-a-ways |
Read more in the Financial Times