gumishu
4 Jun 2011
News / Tusk drops Chinese COVEC building the A2 motorway in Poland [83]
I still think the GDDKiA has little money which reflects the state of Polish finances - they probably now bet on getting those 700 million penalty fee off the Chinese - we will see what happens if the state (GDDKiA) takes the construction over (if there is enough money to pay to those subcontractors so they continue the work)
I am no expert on economy but according to official data tax revenues dropped between 2009 and 2010 by over 10 per cent - at the same time GDP was claimed by the government to raise over 1 per cent - maybe GDP calculation methodology allows for such results - I don't know - still you can expect financial trouble looming (the spendings haven't been cut that much so you end up with higher budget deficit)
I wish them the best - even just to play with the nerves of those black ravens that just appeared on TV - cawing and enjoying themselves. "Whatever Midas touched, it turned into gold, whatever Tusk touches it turns to the one - you know what" - says Kurski. Clever!
I still think the GDDKiA has little money which reflects the state of Polish finances - they probably now bet on getting those 700 million penalty fee off the Chinese - we will see what happens if the state (GDDKiA) takes the construction over (if there is enough money to pay to those subcontractors so they continue the work)
I am no expert on economy but according to official data tax revenues dropped between 2009 and 2010 by over 10 per cent - at the same time GDP was claimed by the government to raise over 1 per cent - maybe GDP calculation methodology allows for such results - I don't know - still you can expect financial trouble looming (the spendings haven't been cut that much so you end up with higher budget deficit)