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| Author: | Bowdler, N. |
| Title: | A new beginning? |
| Journal: | Business Central Europe
1998 : FEB, VOL. 6:48, p. 54-55 |
| Index terms: | FINANCE POLAND GOVERNMENT |
| Language: | eng |
| Abstract: | Poland's new government wants to make up for lost time when it comes to financial reform. It has scheduled the sale of a 35% chunk of Pekao, the country's largest bank, to strategic investors, and engineered a management purge at insurance giant PZU. The sackings, starting with PZU's head, the former deputy finance minister Jan Monkievicz, might have a whiff of political revenge. But they mark a return of commercial sence. That might explain why Mr Monkiewicz was philosophical when he was given the elbow in December. |
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