Government to delay PZU sale

Eureko’s hopes of gaining control of Poland’s PZU appear to have been dashed in the short term following the collapse of the East European country’s ruling coalition. The Polish government appeared earlier to have agreed to sell a further 20-25% PZU to Eureko, having decided to satisfy the pan-European insurer’s desire to take control of Poland’s leading insurer (WIR639/09) .