Monday, April 13, 2009

Bad News for Poland April 27th if They Sign With Gazprom

April 27th

Polish gas supplier PGNiG PGNI.WA may on April 27 sign agreement with Russia's Gazprom (GAZP.MM) to pump additional 2.5 billion cubic metres of gas to Poland, daily Rzeczpospolita reports without quoting any sources.

If they were smart, they would hold off on signing with Gazprom...

The Baltics and Poland need to strength their ties.

Happy Baltic shoppers show currency pain ahead

As people from the Baltics head to Poland to shop, the Baltic retailers are feeling the pinch. But given the downgrading by Fitch, there should be some stabilization in parity between Poland and the Baltics currency.

Poland needs to strengthen the common denominator between itself and the Baltics. It is not Gazprom.

And this idea of having President Valdis Zatlers go to Russia is insane.

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