Jacek Rostowski

Jacek Rostowski
Jacek Rostowski
Type: Person
Name: Jacek Rostowski
Title: Minister of Finance
Organization: Government of Poland
Date of Birth: 30/04/1951
Nationality: Poland
Fact Sheet: Biography for Jacek Rostowski
First reported May 23 2013 - Updated 23 hours ago - 3 reports

Rostowski Says Poles Shouldn’t Pay More on Debt Than Czechs

Polish Finance Minister Jacek Rostowski spoke on the difference between Polish and Czech bond yields, economic slowdown and monetary policy.The following are selected comments from his May 22 interview in Warsaw:On Polish and Czech bonds:"Poland has been ... [Published BusinessWeek - 23 hours ago]
First reported May 24 2013 - Updated May 24 2013 - 1 reports

Hydrocarbons tax on hold till 2020 to boost investments in shale gas

The hydrocarbons law will come into effect in 2015, but Poland will not levy the tax on hydrocarbons until 2020 in order to attract investors in shale gas extraction, Finance Minister Jacek Rostowski told a press conference on Wednesday."The act on taxing ... [Published Warsaw Voice - May 24 2013]
First reported May 23 2013 - Updated May 23 2013 - 2 reports

PGNiG Jumps to Record as Poland to Delay Gas Tax: Warsaw Mover

Polskie Gornictwo Naftowe i Gazownictwo SA, Poland’s dominant gas company, jumped to a record on government plans to delay taxes on oil and gas extraction.PGNiG, as the company is known, rose 3.5 percent to 6.16 zloty at 2:20 p.m. in Warsaw, climbing ... [Published BusinessWeek - May 23 2013]
Entities: PGNiG SA, Warsaw, Poland
First reported May 23 2013 - Updated May 23 2013 - 2 reports

Poland delays hydrocarbon tax until 2020

Finance Minister Jacek Rostowski said that Poland will delay the introduction of a hydrocarbon extraction tax until 2020 in order to encourage investors. The relevant law will come into force in 2015 but the tax itself will be effective as of 2020, he ... [Published Warsaw Business Journal - May 23 2013]
Entities: Hydrocarbon, Taxes, Poland
First reported May 22 2013 - Updated May 22 2013 - 2 reports

Poland Delays Tax to Prevent More Exits by Shale Gas Explorers

May 22 (Bloomberg) -- Poland plans to postpone the collection of tax on shale gas production by five years and improve regulation to ensure investors continue exploring for the fuel in the eastern European nation.“The law on hydrocarbon taxes will come ... [Published La Repubblica - May 22 2013]
First reported May 22 2013 - Updated May 22 2013 - 1 reports

Poland Seeks PLN0.13/Share Dividend from PGNiG - Report

- World WARSAW--Poland's treasury is seeking a dividend of 0.13 zloty a share, or PLN767 million ($237 million), from gas firm PGNiG SA's (PGN.WA) 2012 earnings, state-owned newswire PAP reports Wednesday.The company's management has said previously that ... [Published Borsa Italiana - May 22 2013]
Entities: PGNiG SA, Dividend, Poland
First reported May 22 2013 - Updated May 22 2013 - 1 reports

UPDATE 1-Poland says will not tax shale gas output until 2020

Poland will not collect taxes onthe production of shale gas until 2020 to make its extractionmore financially attractive after several foreign players quitthe Polish market in the past few months, the finance ministersaid. * Poland concerned by exits ... [Published Reuters - May 22 2013]
First reported May 15 2013 - Updated May 16 2013 - 1 reports

Poland: Economy Not to Recover Before July

Polish economy is not expected to rebound as soon as the second half of this year and only on the condition that export partners see a growing GDP rate.The Polish economy is not expected to recover before the second half of 2013 and only on the condition ... [Published TeleTrader.com - May 15 2013]
First reported May 02 2013 - Updated May 02 2013 - 1 reports

Polish Manufacturing Falls Most in 45 Months on Slowdown

Poland’s manufacturing shrank the most in 45 months in April, a sign that the European Union’s largest eastern economy continued to slow and may need more interest- rate cuts, according to HSBC Holdings Plc.The purchasing managers’ index, a gauge of manufacturing, ... [Published Bloomberg - May 02 2013]
First reported May 02 2013 - Updated May 02 2013 - 1 reports

Poland eyes public finance deficit at 3.5pct of GDP in 2013

Poland assumes that its public finance sector deficit will decrease to 3.5% of GDP in 2013 in the updated convergence plan adopted by the government on Tuesday, Finance Minister Jacek Rostowski and PM Donald Tusk said at a press conference."The council ... [Published Warsaw Voice - May 02 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

Deficit overshoots EC target

With government deficit exceeding 3.9 percent of GDP, Poland could face financial sanctions from the European CommissionPoland’s general government deficit-to-GDP ratio was 3.9 percent in 2012, according to Poland’s statistics office GUS. The figures ... [Published Warsaw Business Journal - Apr 29 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

Polish Rates Are Still Too High -Finance Minister Rostowski

WARSAW--Despite monetary easing carried out in recent months, Polish rates are still too high and real interest rates could be slightly above the euro zone's, Finance Minister Jacek Rostowski told the Rzeczpospolita daily in an interview published Mo ... [Published 4 Traders - Apr 29 2013]

Quotes

"The act on taxing [hydrocarbons] will enter into force in 2015, but the tax would be collected only as of 2020," Rostowski said. "the intention is to encourage firms to shale gas extraction."
"the law on the taxation of shale gas will go into effect in 2015, but we will not levy the tax until 2020 to attract companies to extract shale gas" Finance Minister Jacek Rostowski said in a speech, according to Reuters...
...5 % of its GDP. However, estimates showed otherwise with a total deficit of 3.9 % of GDP. "we do not expect excessive deficit procedure to be lifted in 2013" Finance Minister Jacek Rostowski said, referring to previous outlooks based on a different deficit forecast...

More Content

All (58) | News (54) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
Rostowski Says Poles Shouldn’t Pay More on Debt... [Published BusinessWeek - 23 hours ago]
Hydrocarbons tax on hold till 2020 to boost inv... [Published Warsaw Voice - May 24 2013]
Poland Says Yields Reflect Trend to Czech Parity [Published BusinessWeek - May 24 2013]
Poland Minister Says 29% Return Reflecting Tren... [Published La Repubblica - May 23 2013]
PGNiG Jumps to Record as Poland to Delay Gas Ta... [Published BusinessWeek - May 23 2013]
Poland casts more uncertainty over shale gas [Published Business New Europe - May 23 2013]
Poland delays hydrocarbon tax until 2020 [Published Warsaw Business Journal - May 23 2013]
Poland puts hydrocarbons tax on hold till 2020 ... [Published The Sofia Globe - May 23 2013]
Poland Delays Tax to Prevent More Exits by Shal... [Published La Repubblica - May 22 2013]
Poland To Ease Tax To Attract Energy Explorers [Published Natural Gas Europe - May 22 2013]
UPDATE 1-Poland says will not tax shale gas out... [Published Reuters - May 22 2013]
Poland Seeks PLN0.13/Share Dividend from PGNiG ... [Published Borsa Italiana - May 22 2013]
PGNIG SA : Poland Seeks PLN0.13/Share Dividend ... [Published 4 Traders - May 22 2013]
Counteracting the crisis [Published Warsaw Business Journal - May 20 2013]
Poland: Economy Not to Recover Before July [Published TeleTrader.com - May 15 2013]
Norwegian Air may be eying LOT [Published Warsaw Business Journal - May 13 2013]
The End of Austerity. [Published London Irvine Report - May 06 2013]
Daily Press Summary [Published Open Europe - May 02 2013]
Polish Manufacturing Falls Most in 45 Months on... [Published Bloomberg - May 02 2013]
Poland eyes public finance deficit at 3.5pct of... [Published Warsaw Voice - May 02 2013]
Deficit overshoots EC target [Published Warsaw Business Journal - Apr 29 2013]
Polish Rates Are Still Too High -Finance Minist... [Published 4 Traders - Apr 29 2013]
Poland: Public Deficit Targed Missed [Published TeleTrader.com - Apr 24 2013]
CEE Morning Briefing: Polish Finance Minister o... [Published WSJ.com: Emerging Europe Real Time - Apr 24 2013]
Rostowski: Poland needs lower debt before euro ... [Published Warsaw Business Journal - Apr 22 2013]
Poland Plans to Comply With EU Fiscal Rules in ... [Published Global Finance Magazine - Apr 22 2013]
Steve Sibbald: A sign of solidarity? [Published New Poland Express - Apr 20 2013]
A sign of solidarity? [Published New Poland Express - Apr 19 2013]
Poland may not be ready for euro for dozen year... [Published Economic Times - Apr 19 2013]
Poland Should Slash Public Debt Before Adopting... [Published ADVFN UK - Apr 19 2013]
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The End of Austerity. [Published London Irvine Report - May 06 2013]
br />!--[if gte mso 9]><![endif]--> Baltic Dry Index. 873 +11 LIR Gold Target by 2019: $30,000.  Revised due to QE programs. "Austerity is finished. This is a decisive turn in the history of the EU project since the euro.  We're seeing the ...
CEE Morning Briefing: Polish Finance Minister o... [Published WSJ.com: Emerging Europe Real Time - Apr 24 2013]
Polish Finance Minister Jan Vincent-Rostowski will discuss the country's prospects of adopting the euro at a public debate Wednesday. ...
Polish PM Not Looking to Speed Euro Entry, says... [Published WSJ.com: Emerging Europe Real Time - Mar 28 2013]
The Polish prime minister's proposed referendum on euro membership takes the country a step further from joining the currency bloc rather than towards it, says finance minister Jan Vincent-Rostowski, disputing Nobel Prize-winning economist Paul Krugman's ...
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