Polish Energy Minister Anna Moskwa offered an update on the country’s nuclear plans in an interview with the SuperExpress tabloid
Polish traders are concerned the country is becoming a haven for foreign interests leaving no room for Polish-owned businesses to grow
Poland’s head of government expects the total public debt to GDP ratio to fall to between 48 and 50 percent this year
The European Court of Justice (ECJ) ruled on Thursday that Poland’s forest management law violates the EU animal and bird settlement directive and prevents environmental organizations from questioning the government’s afforestation plans
There is no shortage of people willing to take a trip to liberated Ukrainian cities such as Bucha or Irpin, or even near the front line
The West is beginning to see that between the Oder and the Bug rivers, between the Baltic and the Tatra Mountains, there is a country that is beginning to compete with the biggest players in Europe, writes editor of Polish Sieci weekly Jacek Karnowski
The results are attributed to both the favorable market conditions for fuel companies in 2022 and the company’s expansion
Poland is making significant money serving as a key plank in U.S. security policy vis-à-vis Russia
One report shows that real estate investors are optimistic about the 2023 market outlook in Europe
Inflation is expected to peak in Feburary in Poland
Philip Morris International aims to strengthen business connections and accelerate the company’s smokeless transformation in the region
Poland’s economy will surprise the naysayers this year, says head of the Polish Development Fund
A new poll shows that a majority of Poles do not want cashless payments to become their only option
Polish GDP grew despite the apparent economic slump throughout last year
CEO of the Port of Gdańsk Łukasz Greinke revealed the port handled 68 million tons of goods in 2022, the highest ever
Ukrainian women who migrated to Poland could help fill the 25,000 IT specialist gap in the Polish job market
Voters of the ruling United Right are the most opposed to the common currency at over 97%, while 43% of the opposition’s voters are also against the euro
December was the second month in a row in which the rate of inflation fell as prices rose less quickly than economists had projected
Poland’s Monetary Policy Council has for the fourth month running held interest rates at the level of 6.75 percent
Most Poles believe the economic crisis will not end any time soon
Its ratio of public debt to GDP is falling fast, partly thanks to inflation
Adam Glapiński predicted that the rate of inflation would begin to fall by the end of the first quarter of 2023
According to PM Mateusz Morawiecki, measures taken by the Polish government have proven effective in combating inflation
War in neighboring Ukraine and high inflation contribute to Poles investing less
The state’s coffers are still swelling from revenues exceeding expenditures, but the forecasts call for a budget deficit by the end of the fiscal year
The newest data on inflation in Poland reveals the highest levels since 1996
A deteriorating financial situation, discrimination, low wages, job insecurity, and dangerous workplaces are among the main reasons for Poles to leave Britain, according to a study by British researchers
Poland will be stuck with high inflation for a while, according to the country’s central bank
Potatoes, grain, and milk have all seen massive price increases in the last year
Czechia will face economic headwinds into next year
Polish companies play an outsized role in Central and Eastern Europe
The country’s struggles with rampant inflation have seen food and non-alcoholic beverage prices soar by 21.9 percent and energy prices spike by 41.7 percent
Polish Minister of Economic Development and Technology Waldemar Buda has forecast that the Polish economy will not fall into recession
The housing sector contributed the most to this acceleration, especially energy and fuel prices
Currency economy EU Financial war George Soros Ursula von der Leyen Commentary European Union Hungary Brussels is conducting financial warfare against Hungary
According to the correction, the Polish economy grew by 6.8 percent in 2021 on a year-over-year basis
According to experts, the weakening of the Polish currency can benefit exports but currently also boosts inflation
Germans are increasingly living paycheck to paycheck, and according to experts, the real pain has not even hit yet
According to experts, a recession in Poland in the third quarter is less likely, as producer price inflation remains stable and industrial output growth improves in Poland
Hungary is between a rock and a hard place as funding-cut vote looms
If the German steel industry goes dark, other huge swaths of Germany’s and Europe’s industry will go offline as well, says the CEO of ArcelorMittal
The war is crushing Ukraine’s economy
Ikarus buses used to be quite popular in Eastern Europe before the fall of communism
Polish economists were expecting inflation to decrease, instead it rose once again
The measures were only meant to ease a price shock temporarily, Márton Nagy said
Further hikes are expected as inflation looms large
Hedge funds are betting on an Italian financial collapse
Ukrainians abroad work and support their families in war-torn Ukraine, data provided by Gremi Personal employment agency shows
Developers are beginning to limit the supply of new properties on the market in response to a marked slowdown in sales
The nervousness of the Polish opposition is due to the Polish government’s successful investments, writes editor-in-chief of Sieci weekly Jacek Karnowski
Zbigniew Krysiak believes the political situation in Germany is increasingly unstable
The Polish Institute of Economics (PIE) says Poland’s nuclear power program should raise Polish GDP by over 1 percent
The prices of oil, cigarettes, clothing, and even gravestones are especially attractive in Poland due to the government’s VAT reduction policy
The auto company is also seeking €37 million in support from Romania
Hungarian banking giant posts stellar results in the second quarter
Despite its heavy economic ties with Russia, Hungary will weather the war-induced economic crisis better than its regional peers, a recent study suggests
Ryanair will contest the fine in court
The new package will be part non-refundable aid and part loans
Retiring the coin would cost more than keeping it in circulation, Central Bank Governor György Matolcsy explained
A small jar of spicy mustard reflects the essence of our current problems, Magyar Hírlap columnist Dániel Galsai writes
Border defense, family-centric policies, and political stability are key areas of focus for the Hungarian government
In total, Poland is estimated to have spent €5.29 billion on its assistance to neighboring Ukraine
Some 16 percent of companies have already begun to scale back production
The car industry is one of the most important pillars of the Hungarian economy
Europe is heading towards an economic slowdown or even outright recession, according to Mihály Varga
Jarosław Kaczyński said that his party’s government refuses to saddle the population with the full costs of inflation
Péter Szijjártó was speaking at a U.S. conservative advocacy group meeting
The country’s budget deficit is estimated to be 3.5 percent of GDP, while inflation will sit at 5.2 percent
Despite the results of one recent survey, the current economic environment may change this trend
Hungarian economic growth expected to be double that of the eurozone in 2022
The purchasing power in Poland is 68 percent of the EU’s average
According to one survey, 57 percent of Poles have changed their holiday plans as a result of rising prices, with 21 percent actually canceling their trips altogether
The dollar is being strengthened by the U.S. Federal Reserve’s efforts to fight inflation, a buoyant labor market, and the country’s energy self-sufficiency
Hungary’s central bank warns that interest rates will likely be hiked even higher
Russia’s foreign trade surplus is also rising massively due to energy exports
Adam Glapiński says there is enormous pressure from “one of Poland’s neighbors” for Poland to introduce the euro currency, but he will not succumb to it
According to an economist at the Warsaw School of Economics, the level of inflation in a country depends on the structure of the economy and degree of development
Hungary will not give up its tax sovereignty, Finance Minister Mihály Varga vowed
Hungary’s national bank expects further hikes in the cost of living until September
The chief economist of the Polish bank PKO BP forecasts that the rate of inflation should slow down in the near future
Soaring energy prices are the main driver behind inflation
There are “more poor people than we’ve ever had,” said the director of a leading German social welfare association
Hungary’s central bank is taking bold action to stem rising inflation
A survey finds that the majority of Poles demand the new arrivals find work and send their children to Polish schools
Rising prices and higher interest rates dampened consumer spending in May, but the influx of Ukrainian refugees and their added consumption has helped to moderate the slowdown
Opposition parties fear shortages and a black market over the move
A 15 percent global tax would put Hungary at a competitive disadvantage
The big novelty uses vegetable binding agents instead of pig gelatin
After Ryanair’s CEO first called a Hungarian official an “idiot” for Hungary’s windfall tax, there is now a debate about the extra fees Ryanair customers are facing in Hungary
When it comes to IMD’s ranking, Hungary is now ahead of Poland and Slovakia but still trails Czechia
Hungary introduced a windfall tax on high-margin sectors of the economy last month
Michael O’Leary said a government should not be interfering with an airline’s pricing policy
Combating inflation is one of the most important issues for the Polish government, said Deputy Prime Minister Jarosław Kaczyński
The government needs to act quickly to mitigate the effects of an economic crisis mostly brought about by the war in Ukraine
Despite Hungary’s struggles with inflation, data show it is performing slightly better than its regional peers
A very dangerous inflationary motivation is driving Czech spending habits: “Spend what you can now, as it will be more expensive tomorrow”
Natural gas in Amsterdam costs almost 10 times as much as in Budapest
It’s not over yet, warn Polish economists
If Europe is not united in containing Germany, the next catastrophe is just a matter of time, warns Marek Pyza for portal wPolityce.pl
