World Bank to lend Poland 975 mln euros for reforms

The World Bank will lend Poland 975 million euros to help finance labour market and health care reforms, the finance ministry said on Friday in a statement.

The loan, which will be signed on Tuesday Dec. 23, was agreed a year ago and is not linked to the current global financial crisis, the bank's Polish unit told Reuters.
The loan has nothing to do with the global crisis...nor with loans given to countries like Hungary, which are going through some real trouble,' Jacek Wojciechowicz, spokesman for the World Bank in Poland, said.

Warsaw plans to increase labour supply under the '50+' programme and wants to commercialise parts of the public health care sector.
Source:By Gabriela Baczyńska, Patrick Graham, forbes.com