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Posts by peterweg  

Joined: 16 Feb 2007 / Male ♂
Last Post: 19 Jun 2020
Threads: Total: 37 / In This Archive: 22
Posts: Total: 2305 / In This Archive: 1651
From: London, Battersea, Krakow.
Speaks Polish?: no
Interests: Motorbikes, Skiing

Displayed posts: 1673 / page 6 of 56
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peterweg   
20 Jul 2016
News / Good-change government raising minimum wage in Poland, cutting SB pensions [213]

Merged: PiS at the Trough

What a Surprise..

Poland's ruling party Law and Justice (PiS) submitted to Sejm lower house a bill envisaging wage hikes for top cabinet and local authorities officials.

The raises will include, among others, the president, prime minister, cabinet ministers and their deputies, as well as MPs and Senators.
Also, the First Lady will be given a monthly salary of PLN 14,000, according to the Bill

warsawvoice.pl/WVpage/pages/article.php/36088/news
peterweg   
12 Jul 2016
News / How will BREXIT affect the immigrants in UK and Poland. [1114]

Yes, the UK has an influence, it blocked the Tolbin tax (transaction tax) and operated the City outside the Eurozone. If the EU got its way, the City would have been screwed. Thats a huge part of the UK tax base that is now under threat.

as the EU cannot serve British interests anymore than the Warsaw pact could serve Polish interests..

What a stupid comment. The UK is a capitalist country and the Single Market has allowed it to prosper. It is/was the biggest economic body in the world and its right next to the UK, why the hell would the UK want to destroy it??
peterweg   
12 Jul 2016
News / How will BREXIT affect the immigrants in UK and Poland. [1114]

[quote=TheOther]

the EU runs a surplus with the UK, so it has more to lose tradewise, its that simple.

The UK has a surplus of £55billion in Services with the EU, but these require passporting- a UK based company but operating in the EU.

Its not 'Trade' that can continue without access to the Single Market (unlike, say manufacturing exports). So the UK will keep buying EU's manufactured goods and lose its Services 'exports' (£90bn) as UK companies will have to MOVE to the single market area.

I truly hope the new PM, May, sorts out the huge immigration problem

You can hope all you want. Never going to happen.

We will join the EEA.
The UK will pay more to the EU.
We will get a the same number of immigrants.
We will have NO say in making EU laws, we will have to implement them without complaint.
We will live in a weaker and less influential country

This is what you voted for, enjoy.

On the other hand we will control our fisheries and farming.. no more subsidies to farmers.
peterweg   
10 Jul 2016
News / Streets closed in Warsaw during NATO summit [146]

Well it's a symbolic deployment everyone knows this cannot stop the russian army b

It probably would stop the Russian army, which is weak, badly organised and small. Russia's nuclear weapons are a real threat (even if half fail there are still a big threat), but Russia's conventional forces are no threat at all

It does seem to be escalating, and expulsions of diplomats is never good.

Its nothing. The West simply needs to tell Russia to F*** off and die, they are doing that anyway with theiri demographic issues.
peterweg   
4 Jul 2016
News / How will BREXIT affect the immigrants in UK and Poland. [1114]

Both leading conservative candidates have clearly stated brexit means brexit, the main differences between may and leadsom being the former would prefer to wait until the start of next year in triggering article 50,

Its not their decision to make, its Parliament's. Whether it would go against the referendum is doubtful, but they could.

House prices will drop 20%, markets will collapse, taxes will go up 2p in the pound.

House prices are down, over night, probably 15%. Pound has lost 8% so far. Doesn't look so 'daft'
peterweg   
1 Jul 2016
News / How will BREXIT affect the immigrants in UK and Poland. [1114]

e EU is in talks with Turkey about joining the EU !!.....

And has been for 30 years with no progress.

The UK is entering a recession.Property is falling in price, one in six adverts on Zoopla are cut this week. Up to 40% falls are predicted. I've seen to local (to my home) examples of 16% and 22% asking price cuts.

Most commercial deals have invoked a Brixit clause and are either being renegotiated or cancelled.

Developers are moth balling projects and architects closing up. In six moths there be lost of unemployed builders.
My employers (we lend money to buy property) lost 40% of its funding on Friday. An immediate fall in current valuations of 15% is about right.

Thats just property and finance, the knock on effects of an evaporation in confidence in everything UK will be felt by everyone/

"We control the timing of when we trigger Article 50 and we will do it when we're good and ready."

Parliment controls it, not him or the Government
peterweg   
30 Jun 2016
News / How will BREXIT affect the immigrants in UK and Poland. [1114]

You have as much understanding as a lot of people in the UK who did vote.

The reality is this, the UK is going have its economy wrecked and many people will lose their jobs. If you keep your job you will be poorer and will have less rights. If you are unemployed/sick you are stuffed. Your children will have no option to escape the generational punishment their parents have inflicted upon them.

'Eurocrap' will walk away un harmed, thanking the UK for the extra jobs and investment it has given up
peterweg   
28 Jun 2016
News / How will BREXIT affect the immigrants in UK and Poland. [1114]

But, Just think if Scotland picked up the London banking sector which is 35% of UK GDP, Wow.

More like 22%. France and Germany are expecting a jobs banaza as companies migrate to the EU. Bus its not just banking, other services may have to move.
peterweg   
26 Jun 2016
UK, Ireland / How might Britain`s withdrawal from EU affect Poles there and here? [474]

You want a revolution or civil war? you understand there will be reprecautions for doing something like that.

No there won't be. The referendum was about leaving the EU, nothing more, nothing less.

ANYTHING any politician or individual said about it was un-enforceable and irrelevant, because you can legally lie in politics and neither side was an elected government or political party. They cannot be held to it.

So, if people decide that the referendum was about stopping free movement, trade deals with India or a protest vote against the government then they are sadly mistaken.

it was the old and uneducated who were the ones who voted to leave the EU is a classic leftist elitist smear used when things don't go their way.

Leftist? the Leader of the Left is a Euro-sceptic and most of his supporters voted Out.

Elitist? over 48% voted in and every study indicates that they are educated and employed.
peterweg   
25 Jun 2016
UK, Ireland / How might Britain`s withdrawal from EU affect Poles there and here? [474]

I think its highly probable that the UK will join the EEA, with higher fees, freedom of movement and complete lack of democracy.

After all the referendum was about leaving the EU, not what we do afterwards ..like rejoin..

The Outers will be furious..

This safe-exit is a compromise, we would continue paying into the EU budget and accepting the EU Acquis. It would last until we have negotiated our bilateral trade deals with the rest of the world. It also means accepting the free flow of EU migrants for a while. This is incendiary, of course.

telegraph.co.uk/business/2016/06/24/the-sky-has-not-fallen-after-brexit-but-we-face-years-of-hard-la
peterweg   
25 Jun 2016
News / How will BREXIT affect the immigrants in UK and Poland. [1114]

Scotland can actually stay part of the EU without being independent and talks have already begun.

As Scotland is not a country I find that unlikely. Main problem Scotland will have is the currency, however, now that Sterling is trashed the Euro will look appealing if they can convert the debt at a low rate.
peterweg   
25 Jun 2016
UK, Ireland / How might Britain`s withdrawal from EU affect Poles there and here? [474]

1. Surprised how bitter and revengeful the Left is over this. Suicide if Trump wins the Presidency?

The Left, to an extent, voted for Brexit, as did the Right. Those political descriptions are irrelevant to who voted In/Out.

The real divider was between educated working professional and the poor, the old, the manual worker and the unemployed.

For example the almost the highest In vote was in Wandsworth where there is the largest proportion of university educated anywhere in the UK. Most people here work in The City and vote Conservative.

At the other end of the scale we have Boston and New Amsterdam which farming country where most jobs are manual agricultural suffering from competition from Eastern European labour .
peterweg   
24 Jun 2016
UK, Ireland / How might Britain`s withdrawal from EU affect Poles there and here? [474]

So? let them, I see no problem

Thats exactly the attitude that resulted in an out vote. I was shocked by how many people think it will make no difference.

Now we get to see.

The next step is independence for Scotland and London.
peterweg   
21 Jun 2016
News / How will BREXIT affect the immigrants in UK and Poland. [1114]

Its pretty certain that the pound will fall 20%+ against the dollar and cause a similar rise in inflation, as it did in 2008.

So we all will be much poorer. The poor will suffer most as the most directly affected will be the price of food and the poor spend a higher portion of their money. They will also see they wages under attack from the right wing of the Conservative party who will be voted in by this referendum
peterweg   
21 Jun 2016
UK, Ireland / How might Britain`s withdrawal from EU affect Poles there and here? [474]

In the UK you just walk in and get sorted full stop no questions, no bills cos u is a foreigner.

Sorry, they do check eligibility for treatment of foreigners in hospital. I saw it happen yesterday. My wife (as nurse) assured me it was a regular occurrence.

I I personally think those that have made their mind up with their Island mentality to leave, cause they want to get control of their country back, they will go out and vote on Thursday.

Imagine if 30million immigrants had entered the USA completely legally and given free health care, schools and all other benefits. And taken your jobs (not pushed down wages, however). Trump is the USA's 'Island mentality' to USA's 10million recent immigrants.

The leadership (technocrats who understand nothing of history or human nature) is horribly out of touch and needs a slap in the face to bring them back to some semblance of reality.

The belief that there wouldn't be a massive backlash over this was beyond stupid.
peterweg   
19 Jun 2016
UK, Ireland / How might Britain`s withdrawal from EU affect Poles there and here? [474]

And a control on who can get benefits. I think its entirely fair that a foreigner is expected to work for a few years before getting employment benefit and a couple of years for in work benefits

I thought Camoron had already got an opt out for in work benefits?

but all of these can be reversed by the european courts at any time.

********. If and when its ratified the 'courts' cannot just over-ride it.
peterweg   
19 Jun 2016
Law / Can a UK company earn in PLN? Foreign currency and mortgage in Poland. [22]

Polish banks are notorious for being pig-headed about giving mortgages if you don't actually earn in PLN, quote too long.

Its not being pig-headed, its the law. In March 2016 the European Mortgage Credit Directive (EMCD) came in to force. Banks have to stress test the ability of borrowers to repay over varying interest rates and using 10 year historical exchange rates. Combine the two and its very risky.

European banks have been told to not to do foreign currency loans as its a stability risk.

Poland has elected a government that is going to force banks to take over the risk from borrowers with foreign currency loans.

Add in the Brixit vote (which could knock 30% off sterling and remove the legal basis for recourse)

Any bank that gives a foreign currency loan in these situations is stark-raving mad and a prime target to be sued for negligence, incompetence and whatever else.
peterweg   
18 Jun 2016
Life / Number of church attendees in Poland [54]

The worrying thing is the spike in child neglect cases. basically, this typically disastrous PiS policy is, as usual, achieving the opposite of what was intended.

So.. don't give money to the poor because the poor are fickle, stupid and incapable of looking after themselves. Thats inverted snobbery.

On the other hand targeting the 20billion pln would be far more effective if give as a tax break for working families (as Delph suggested)

revenues of small business are growing,

Helicopter money is a dubious concept, at best.
peterweg   
18 Jun 2016
UK, Ireland / How might Britain`s withdrawal from EU affect Poles there and here? [474]

Thomas Mair told Westminster Magistrates' Court, "Death to traitors, freedom for Britain", when asked to confirm his name.

bbc.co.uk/news/uk-36567005

Foreign investors can enjoy the benefit of a fall in the pound and buy more pound priced assets for less than the equivalent euro priced assets.

Uk residents can look forward to a sharp rise in inflation with the fall of Sterling. 20% was the rise in cost of living from the 2008 crash
peterweg   
17 Jun 2016
UK, Ireland / How might Britain`s withdrawal from EU affect Poles there and here? [474]

while the UK will manage to do it without spending a penny.

Its quite easy to - just destroy your economy by making it unattractive and nonviable to invest or do business there.

It doesn't require money to be spent - you burn it instead

buy at a 20% discount

Its a fall of 20%, not a discount.

Russias beef is with the US,

Yes, Russia objects to the USA defends Europe. Thank God they do,
peterweg   
17 Jun 2016
Law / Can a UK company earn in PLN? Foreign currency and mortgage in Poland. [22]

If you live in Poland for more than a certain amount of time per year you have to pay tax and ZUS. The EU will never cover you for being resident in a country.

You have to earn in PLN to get a mortgage, not earn in GBP and convert it.

As long as I don't have a Polish income everything is fine. I just need to satisfy the banks for the mortgage.

Mutually exclusive I'm afraid.

(this assumes UK stays in EU. If the UK leaves the currency risk will become MUCH higher and it will be come even hard to get a loan)

Get a personal loan in the UK

https://polishforums.com/law/poland-moving-business-77539/

There is also a flat tax rate of 18%, you get no tax free allowance, you pay 18% from 0pln.. I'm not sure of the polish name for it but its similar to a sole trader. Much cheaper than UK tax after a certain level