aphrodisiac
15 Apr 2010
History / Kaczynski's Legacy [88]
I don't know that for sure. I don't know the details to be honest.
That has been happening all over Poland to smaller or lesser degree. I used to work for a development company in Poland (private), so I had a glimpse of how things are done, when it comes to making a deal, in the end it is all about making profits for both parties. Municipal decision makers are known for being corrupted.
I don't think such behavior is exclusive to PIS.
In that regard you are right, there is more control on how money is spent, however IMF has a really bad reputation for setting up the conditions of repayment (high rates), which has ruined many existing social security system for one (pre- existing condition of IMF), especially in 3rd world countries.
I thought that Kaczynskiwas instrumental in turning down the loan?
I don't know that for sure. I don't know the details to be honest.
but the City president vetoed the plan when he couldn't get his dirty hands on part of the deal (allegedly).
That has been happening all over Poland to smaller or lesser degree. I used to work for a development company in Poland (private), so I had a glimpse of how things are done, when it comes to making a deal, in the end it is all about making profits for both parties. Municipal decision makers are known for being corrupted.
Roll on compulsory purchase - if things are left to PIS inner city councils then Poland is screwed.
I don't think such behavior is exclusive to PIS.
I was suggesting that loans cannot be embezzled with ease - state funds can and clearly are.
In that regard you are right, there is more control on how money is spent, however IMF has a really bad reputation for setting up the conditions of repayment (high rates), which has ruined many existing social security system for one (pre- existing condition of IMF), especially in 3rd world countries.