OECD Economic Survey of Poland – reforms are needed
Poland’s economic performance has been impressive over the past 15 years, but further reforms are now needed to put the economy firmly back on track for stronger and sustainable growth, according to the OECD’s latest Economic Survey of Poland. The Survey, presented today in Warsaw by OECD Secretary-General Angel Gurría and Poland’s Deputy Prime Minister and Minister of Economy Janusz Piechociński, highlights the need for measures to make the labour market work better, strengthen product market competition, overcome strong demographic headwinds […] read more
Mergers and Acquisitions in Poland (and Europe) in 2013 – will 2014 be better?
As I mentioned in the previous note (See: Mergers and Acquisitions in Poland (2008-2012) I am going to sum up the transactions that occurred in Poland and generally in Europe in 2013. Although there is no specific data as of yet, I would like to try to compile a list of the largest M&A deals that happened in Poland and broader Europe in 2013. Collecting data for this note was possible and based upon the […] read more
Revisiting China – 10 Thoughts
I had the pleasure of participating recently as a panelist in the Bits 1st Frontier Industrial Forum in Qingdao, China where I spoke about the Polish legal framework for shale gas operations and the lessons that other countries looking to develop their shale gas law could learn from Poland. Here are my loose – subjective – thoughts from my visit to China. “He who learns but does not think, is lost! He who […] read more
Interested in buying or investing in real property in Poland? Follow us on Business&Law. Jędrzej Górski explains how the real estate market in Poland works.
POTENTIAL REPRIVATISATION CLAIMS IN POLAND – Part 2 of 5. In Poland, restitution claims are a repercussion of nationalisation processes carried out under many different regulations in force under the communist regime. There is no reprivatisation law that would generally regulate such claims. Legal grounds for those claims are usually irregularities of the nationalisation process under the then-applicable regulations. It is commonly accepted in Polish jurisprudence and among legal commentators that a bona fide purchaser of a […] read more
Omnibus accounts – Poland is looking to make its capital market more accessible to foreign investors
With the beginning of the year, significant changes came into force in Poland concerning the law related to the trading in financial instruments. The introduction of omnibus accounts opened up the Polish capital market for foreign investors and brokerage houses. The reform reorganized the system of registration of financial instruments. For example, the potential foreign investor will now be able to enter into an agreement with the Polish authorized entity to run the omnibus […] read more
Can Poland be a Model for Arab Spring countries?
Last year, the US President Barack Obama during his trip to Poland said that the Poland’s history of transition will prove to be the model for the Arab Spring nations. Indeed, Poland is an interesting example and can bring a valuable economic and political model for countries transformed by the Arab Spring. As the only European Union country not to suffer a financial crisis, having own independent currency – Polish Zloty (PLN), it is boasting […] read more