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coal investing

Polish Coal Miners to Protest in Warsaw

Written by Teresa Matich
|
Oct. 22, 2015 09:29AM PST

Bloomberg reported that Polish coal miners are planning to protest in the nation’s capital this month ahead of parliamentary elections in the country.

Bloomberg reported that Polish coal miners are planning to protest in the nation’s capital this month ahead of parliamentary elections in the country.
As quoted in the publication:

Ewa Kopacz’s cabinet unveiled a plan on Sept. 30 to save Kompania Weglowa SA, the European Union’s biggest coal producer, by restructuring its mining assets with the help of stakes in state-run companies and potential involvement of government-controlled utilities. The government of the Civic Platform party, which trails in polls before the vote, says it met the deadline it agreed on with trade unions in January to halt protests then.
The miners, though, accuse the government of breaking a January promise and only fulled a part of the plan, Solidarity regional chief Dominik Kolorz said on the union’s website. Warsaw authorities confirmed the unions registered for a protest involving up to 15,000 people. Union representative Jaroslaw Grzesik said in a text message he won’t comment before the demonstration begins at noon in Warsaw.

Click here for the full Bloomberg article.

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