Polish Toledo

This blog is associated with www.polishtoledo.com

Friday, January 31, 2014

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

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