PKO Bank Polski plans to issue euro bonds worth hundreds of millions of euros, Reuters reported. The issue was more likely to take place in 2013 than this year, its deputy chief executive said. “This year such an issue is not very likely. More likely we will make use of it next year,” Jakub Papierski told Reuters. He added that the bank would only go to market this year if conditions were very favorable. “We are talking hundreds of millions of euros,” he emphasized.
From Warsaw Business Journal
Is Poland's ruling party finished?
BY Remi Adekoya
Migration and remittances in the euro zone periphery
BY Stratfor Global Intelligence