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HIGHLIGHTS - Eureko Wins Arbitration Trial Over PZU Privatisation!

Europe Intelligence Wire

| August 25, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Polish News Bulletin)

When it comes to the privatisation of the PZU insurer, it seems that the signing of an agreement in 2001 was the last thing the Polish government did to allow Eureko to carry out the takeover. According to the London Arbitration Tribunal, Poland later violated the Polish-Dutch bilateral investment agreement. - Poland's Debt Towards Paris Club Nearly Halved

Poland currently owes the countries of the Paris Club a total of EUR7.1bn, which is a 42 percent decrease on the …

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