Polish companies receive less than 1% of all EU aid to compensate for Ukraine war
Once more, Poland is expected to be satisfied with the crumbs from the German table
Foreign investors worried as left-wing Tusk government attacks head of Poland’s central bank
The ruling liberal coalition and PM Donald Tusk’s persistent attacks on Adam Glapiński are a disservice and grossly unfair, writes Zbigniew Kużmiuk on portal wPolityce.pl
Poland sees economic growth in last quarter of 2023
Poland can expect further GDP growth in 2024, according to experts
Polish truckers to rejoin the farmers in border crossing blockades
Polish farmers protesting against EU climate policies and imports of Ukrainian agricultural produce are being joined by Polish truck drivers protesting about unfair competition from Ukrainian trucking companies
Unemployment rises in Poland for 2nd month in a row
GUS has reported that unemployment in Poland continues to rise
Investor flight? World’s largest electric battery producer quits Poland
Poland’s status as a top investment location is increasingly shaky
German companies shifting their production to Poland in large numbers
Poland is now the most attractive country in Europe for investors, largely due to Poland’s relatively low energy prices and skilled workforce, according to Focus weekly magazine
Polish inflation lowest in 3 years as it falls to 3.9%, but experts expect it to rise again
Analysts had expected a drop to 4.1 percent
Polish politics shouldn’t stop state energy giant Orlen from developing, warns outgoing board member
Orlen is Poland’s “family silver,” regardless of who is in power, according to Janusz Szewczak
Polish property being bought up by foreign funds from US, Israel, Germany, and the Netherlands
Foreign property speculators are buying up whole apartment blocks in Warsaw in order to cash in on the rental property boom, which is fueling the affordability crisis for ordinary Poles
Dismissed CEO of gas giant Orlen says he turned it into the strongest Polish global brand
During the tenure of the ousted CEO Daniel Obajtek, Orlen became one of the top 50 largest companies in Europe
Poland had highest minimum wage rise in Europe under previous conservative government
Before they lost power, Poland’s conservatives oversaw a huge rise in the minimum wage in the country
World Bank improves forecast for Polish GDP growth
Economic forecasts for Poland predict solid growth, in contrast to the entire global economy
Foreign investment in Poland surges in 2023
Poland witnessed a significant increase in foreign investments in 2023, reaching approximately 3.9 percent of its GDP and surpassing many of its regional counterparts
The typical Ukrainian migrants in Poland? Young or middle-aged women
According to the National Bank of Poland (NBP), about half of the Ukrainian migrants in Poland are aged between 27 and 44 years and mostly women
Polish GDP growth for 2024 forecast to reach 2.8%
The economic forecasts indicate that growth in consumption and investments will be stronger than expected six months ago
Poland to witness massive minimum wage hike of 18% next year
Starting January 2024, Poland will see its minimum wage surge by 18 percent, marking the second-largest increase in over two decades
Poland’s Gdańsk port rises to top 10 in EU
The Port of Gdańsk in Poland experienced a record-breaking 40 percent increase in cargo handling in 2022, marking the largest growth among all European ports and propelling it into the top 10 largest ports in the EU
Poland’s GDP sees some of the fastest growth in Europe
According to Eurostat data, for the third quarter of 2023 European GDP fell by 0.1 percent on average in the eurozone, while Poland recorded growth of 1.5 percent
Poland: FDI soared 25% in 2022
Poland saw foreign investors flock back to the country in 2022
LOT Polish Airlines ranked 3rd best airline in 2023
The AirHelp Score ranking covered 83 airlines and 200 airports worldwide
Poland to enter into World’s Top 20 economies as Turkey faces economic slide
Poland is set to leapfrog Turkey by the year’s end
European Commission expects Polish economy to grow faster in 2024 and 2025
Poland is set for a period of considerable economic growth over the next two years
Poland’s Orlen joins Europe’s elite after rapid rise in ‘Fortune 500 Europe’ rankings
Prof. Zbigniew Krysiak from the Warsaw School of Economics highlights Polish energy giant Orlen’s remarkable journey to becoming one of Europe’s top 50 companies
The Central Communication Port will benefit Poland and should not be used as a political football
Paweł Rydzyński, the head of the association of Polish transport economists, believes that abandoning the central airport project by the next government would be a waste of money and potential
Polish PM insists public finances are in good shape as opposition leaders start to make excuses
According to Mateusz Morawiecki, claims from the new parliamentary majority about the state of Poland’s public finances are merely an excuse for them to renege on unrealistic election promises
Inflation in Poland fell to 6.5% in October
Recent months have seen a gradual decline in inflation, but experts predict this will soon level out
Poland: Governing conservatives secure new investors for Central Communication Port project at risk of being scrapped by incoming liberals
An extra €1.8 billion has been pledged by new investors for the major transport hub
New liberal coalition in Poland needs money fast to meet its promises
Poland’s incoming liberal coalition may have bitten off more than it can chew with its promises of increased public spending
Poland’s governing party leader Kaczyński laments election defeat despite significant economic progress
In a meeting with members of the conservative Gazeta Polska clubs in Spała, central Poland, Jarosław Kaczyński, the chairman of PiS, evaluated the outcome of the recent parliamentary elections in Poland
Poland’s central bank once again cuts interest rates as inflation falls
The benchmark interest rate was lowered by 0.25 points to 5.75 percent
Poles flocking back to Poland, the land of opportunity
In light of typically somber news about Poland’s demography, a silver lining emerges as Poles and other Europeans flock to the country
Eurostat: Poland’s inflation drops to single digits, falling faster than EU average
Inflation continues to fall in Poland but still remains at elevated levels
‘They are purchasing everything’ – Czech drivers flood Polish gas stations seeking lower fuel prices
“98 percent of our customers have been Czechs”
Ukraine accused of disguising its grain as Moldovan to evade embargo
Is Ukraine sneaking its grain past Romania’s embargo by first transiting its product through Moldova?
After spending tens of billions on Ukraine and migrants, German leader laughs when asked why elderly receive no pension inflation bonus
Tens of billions have gone to Ukraine and migrants, which means there is no money left for seniors
Big cut in Polish interest rate shocks markets
Poland’s central bank cut interest rates by a whopping 0.75 percent in a move that surprised experts and caused the Polish currency (PLN) to fall sharply
Polish tiger: Poland ranks 2nd in global GDP growth from 1990 to 2020
In the last three decades, the IMF shows only China recorded faster economic growth than Poland
Poland cuts tax for first-time homebuyers and raises it for those buying multiple properties
New homeowners are exempt from paying a purchase tax starting Sept. 1
Poland: Inflation falls for sixth consecutive month
The possibility of an interest rate cut may boost Polish conservatives in the upcoming election
Number of migrant workers in Poland soared by almost a third last year
The country has adopted an increasingly liberal immigration policy as its economy continues to grow
Poland’s economic slowdown greater than expected
Economists said a drop in consumer spending caused the downturn
Poland’s ruling party presents the first of four referendum questions that will be asked of Poles in October’s election
Poles will reportedly be asked for their views on agricultural matters, the retirement age, immigration, and the privatization of state-owned companies
Inflation in Poland down for the 5th consecutive month
Overall, inflation year-over-year is down for five consecutive months, and for the first time since 2019, prices on a month-to-month basis have not increased for three months
Poland’s successful economic model is based on social solidarity
Since 2015, a significant shift can be observed in the Polish economic model, which has become increasingly efficient within the European context, writes economist, prof. Zbigniew Krysiak
Poland is an increasingly popular tourist destination
Poland is becoming increasingly popular among tourists and not only because of its relatively low prices
Polish finance minister: Polish economy is in great shape despite war, Covid crisis
The pessimistic macroeconomic forecasts for Poland have failed to materialize, says Poland’s finance minister
Many Poles are spending their vacation abroad this year
The vast majority of Poles are planning a trip abroad this year
Inflation in Poland getting closer to single-digit level
Poland’s Monetary Policy Council keeps interest rates unchanged, however economists anticipate rate cuts in the near future
Polish elections: Poll shows inflation and the economy are the most important campaign topics as national elections approach
The opinion poll highlights rising prices as a top priority for Polish voters ahead of parliamentary elections
Fitch’s A-level credit rating for Poland is testimony to the country’s creditworthiness
Rating agencies confirm that Poland’s economy and finances are in good shape
It’s time Poland stopped focusing on ‘free’ EU funds as a reason for its membership in the bloc
Poles still see the EU as a cash cow, but EU funds aren’t free and come with costly conditions, writes Kamil Goral for portal Nowyswiat24.pl
Poland’s foreign trade surplus is growing
Poland continues to improve its export success story
Poland now has 2 million foreign workers
Under the ruling conservative Polish government, there has been a dramatic increase in the number of migrants coming to work in Poland
Bank of Poland buys gold reserves for second consecutive month
According to unofficial calculations by bankier.pl, Polish gold reserves have increased to approximately 263 tons
Polish inflation will reach single figures by September, says expert
According to Bank Pekao’s chief economist, some economic respite for Poland is just around the corner
EU will not finance the transfer of excess grain from Polish silos to Africa
As Polish silos remain full to the brim with unsold grain, Brussels has ruled out paying to redistribute the product to Africa
Is a rebellion against rising welfare benefits at the taxpayers’ expense coming to Poland?
The pendulum could swing in favor of the right’s alternative to the ruling PiS, the Confederation party, writes Andrzej Krajewski for Dziennik Gazeta Prawna
Polish economy outperforms key European partners with highest GDP growth in EU
Polish GDP enjoyed a quarter-over-quarter increase of 3.9 percent in Q1 of this year
Polish family businesses prioritize customer satisfaction and growth over diversity and inclusion, and it’s working
Close to 90 percent of Polish family businesses have higher turnover compared to the previous year
European Commission increases Poland’s 2023 GDP growth forecast
A higher growth rate, lower inflation, and steady unemployment is predicted for Poland by the end of the year
Polish currency reaches strongest point in a decade
An analysis from Bank Handlowy shows that since the beginning of the year, the Polish zloty (PLN) has strengthened by 2.6 percent against the euro and nearly 6 percent against the U.S. dollar
An end to the war could boost Polish investments in Ukraine 25-fold
Ending the war in Ukraine sooner rather than later is an opportunity for the development of Polish investments in Ukraine, says economic expert Dawid Sułkowski
80% of Poles say they feel impact of inflation, highest result ever recorded
Most Poles identified inflation as “the number one enemy” negatively affecting their quality of life, a new survey shows
Poles fear poverty in retirement and plan to work longer
As Poland faces demographic challenges and a shrinking labor market, more companies are employing retirees
Poland sees largest drop in retail sales since the pandemic
High inflation and slow wage growth were cited as the most significant factors that led to Poland’s consumption downturn
Poland is fourth-largest sweets producer in the EU and among top 4 global exporters
Polish confectionery exports continue to grow despite challenging conditions, according to a Bank Pekao report
Survey: 2 in 5 Ukrainians currently residing in Poland have no intention of returning home
The percentage of Ukrainians planning to remain in Poland after the war has more than doubled in the last six months
France interested in building and investing in Poland’s planned CPK airport
Poland’s planned new Central Transport Hub (CPK) is attracting interest from global airport giants
Poland keeps interest rates unchanged
The chances of a decrease in interest rates in Poland this year are diminishing, writes Grzegorz Baczewski, the CEO of the Lewiatan Confederation, an organization of employers
Poles are leaving Britain to return to Europe’s new land of opportunity
As Polish economic growth paves the way for higher living standards, the pull factor of many Western nations has become less effective, reads a report in the London Sunday Times
Polish retail sales slow as economy stalls
Polish retail sales in February fell 3.6 percent from January and were 5 percent lower than in February last year
Poland’s first nuclear power plant to be active by 2033
Polish Energy Minister Anna Moskwa offered an update on the country’s nuclear plans in an interview with the SuperExpress tabloid
Polish traders up in arms as another German supermarket chain opens in Poland
Polish traders are concerned the country is becoming a haven for foreign interests leaving no room for Polish-owned businesses to grow
‘A pleasant surprise’ – Polish PM celebrates lower than expected budget deficit
Poland’s head of government expects the total public debt to GDP ratio to fall to between 48 and 50 percent this year
ECJ ruling on forest policy is about foreign domination not environment, says former Polish PM
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
War tourism is flourishing in Ukraine’s destroyed cities
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
Can Poland overtake UK economy by the end of 2030?
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
Polish oil giant PKN Orlen achieves historic net profit
The results are attributed to both the favorable market conditions for fuel companies in 2022 and the company’s expansion
Poland is implementing the ‘great American policy’ in relation to Russia, says Polish professor
Poland is making significant money serving as a key plank in U.S. security policy vis-à-vis Russia
Real estate investors rank Poland among top 5 countries
One report shows that real estate investors are optimistic about the 2023 market outlook in Europe
Inflation rises again in Poland
Inflation is expected to peak in Feburary in Poland
Tobacco giant PMI expands in CEE and the Baltics
Philip Morris International aims to strengthen business connections and accelerate the company’s smokeless transformation in the region
Poland destined for soft landing with inflation falling below 10% this year, says head of Polish Development Fund
Poland’s economy will surprise the naysayers this year, says head of the Polish Development Fund
Large majority of Poles want to continue using cash for payments
A new poll shows that a majority of Poles do not want cashless payments to become their only option
Polish economic growth surpassed expectations in 2022
Polish GDP grew despite the apparent economic slump throughout last year
Port of Gdańsk recorded highest-ever level of activity last year
CEO of the Port of Gdańsk Łukasz Greinke revealed the port handled 68 million tons of goods in 2022, the highest ever
1,400 Ukrainian women in Poland begin training as IT specialists
Ukrainian women who migrated to Poland could help fill the 25,000 IT specialist gap in the Polish job market
Large majority of Poles reject euro currency
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
Inflation in Poland falls more than expected
December was the second month in a row in which the rate of inflation fell as prices rose less quickly than economists had projected
Polish central bank keeps interest rates stable
Poland’s Monetary Policy Council has for the fourth month running held interest rates at the level of 6.75 percent
Majority of Poles are pessimistic about their household budgets in 2023
Most Poles believe the economic crisis will not end any time soon
Poland’s public finances improve under conservative rule
Its ratio of public debt to GDP is falling fast, partly thanks to inflation
Central bank chief forecasts single digit inflation by end of next year in Poland
Adam Glapiński predicted that the rate of inflation would begin to fall by the end of the first quarter of 2023
Inflation in Poland drops for first time since February
According to PM Mateusz Morawiecki, measures taken by the Polish government have proven effective in combating inflation
Poles invest very conservatively and half do not invest at all
War in neighboring Ukraine and high inflation contribute to Poles investing less
Poland has a budget surplus for now but public finances are under pressure
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
Inflation still on the rise in Poland reaching 17.9 percent
The newest data on inflation in Poland reveals the highest levels since 1996
1 in 3 key Polish employees plan to return to Poland from the UK
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