Rating agencies confirm that Poland’s economy and finances are in good shape
Data from Polish tax returns from the past four years indicates significant progress in income levels
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
Ukraine was consistently ranked one of the most corrupt countries in the world long before the war broke out
Despite Poland’s interest rate increases, inflation may only get worse
Economist Marcin Roszkowski, from the Jagiellonian Institute, argues that the 1-percentage point rise in interest rates is still probably insufficient to slow down the rate of inflation
Denmark, known for its strict immigration policies, is cutting foreign aid to pay for its growing Ukrainian refugee population
If someone has an amount higher than €100,000 deposited with Sberbank CZ, this amount becomes subject to liquidation, warns Czech economist Lukáš Kovanda
Some German politicians also mull the reintroduction of compulsory military service
The high inflation rate is not only hindering the growth of Poles’ income but also the Polish economy’s development
Poland’s Monetary Policy Council has acknowledged the issue of growing inflation and has undertaken measures to counteract it
Poland’s central bank is looking to fight inflation and keep the economy from overheating with the latest interest rate increase
Although the inflation rate will continue to increase in 2021, some experts forecast that it will steadily decrease in late 2022 and 2023
Czechia to invest in digital projects and innovation
According to MEP Jacek Saryusz-Wolski, many EU states are unable to form their National Recovery Plans on time and Poland may be one of them
Czechs savings exceed €113.65 billion
Among large EU member states, Poland has the highest budget stability
Poles are stocking up on gold as inflation concerns grow
Czech financial sector is strong on its own
The management of the National Bank of Poland helped avoid the darkest scenario for Poland’s economy during the pandemic, writes PiS MEP Zbigniew Kuźmiuk
The aim of the Polish National Bank (NBP) is to strengthen the impact of looser monetary policy on the Polish currency and on the economy, informed NBP head Adam Glapiński
The record low interest rates on Polish bonds on the financial markets means that the national debt incurred will be relatively cheaper to service
The European Commission’s ability to take out loans in the name of other member states will lead to huge abuses and corruption, argues one Polish blogger
The first wave of bonds from the Polish financial shield has been a success, informs PiS MEP Zbigniew Kuźmiuk on his blog
Professor Zbigniew Krysiak argues that Poland’s and Central and Eastern Europe economies are in a better place than Western European economies
According to Unicredit, Poland’s emergency package to help companies cope with COVID-19 pandemic is the most generous in Central Europe
The Polish anti-crisis shield, worth 15 percent of GDP, is the first program on such a scale in Europe
The government introduces a new €22 billion (100 billion złoty) anti-crisis finance package
Polish companies take desperate measures to survive coronavirus crisis
Poles, like many others around the world, are reeling from the effects of coronavirus
Poland’s National Bank (NBP) chief, Adam Glapiński, said that a recession in Poland was unlikely
The government will have to deliver direct economic stimulus and should amend the budget to do so
Polish companies and employees will be affected by the closing of thousands of Chinese factories
New law will increase social spending for elderly and those with disabilities
Those who talk the most about an ambitious EU are the very same ones, who when it comes to the budget, turn into Euroskeptic misers
Brussels is changing its tone towards the Polish government
Polish PM Mateusz Morawiecki declared that Poland wants to see Europe as a global player
The main reason for the financial satisfaction of Poles is efficient saving
Poland has not experienced such a rise in the level of prices for many years
Poland not expected to suffer serious economic consequences from global slodwon
It is the second increase this year.
Secret operation by planes and blue tracks.
Have you ever heard of the VAT carousel?
The World Bank has increased Poland’s GDP growth forecast for 2019 by 0.1 percent since October and by 0.8 percent since mid-2018. The forecast for GDP growth now stands at 4 percent.
An average Polish household now has a third more to spend than it had three years ago, while 70 percent of Poles have savings. This is a measure of how living standards have risen in Poland, an analysis by “Open Finance” states.
Poles will spend more on Christmas this year than in 2017, claims a survey by BIG InfoMonitor. What’s more, less Poles foresee financial problems due to Christmas spending than in previous years.
Poles trust banks with their money, claims a survey by the Public Opinion Research Center (CBOS). 68 percent of Poles claim that their money in bank accounts is safe, which is the highest number in the last decade.
Poland is worried about countries which are not yet in the eurozone being excluded from decision-making processes on a separate EU budget for the eurozone, writes Anna Słojewska in “Rzeczpospolita”. Poland does not want just the finance ministers in the eurogroup making all decisions about the criteria and timing of that instrument.
The VAT scandal during the Civic Platform (PO) government was an open-door crime, claims editor in chief of “Gazeta Polska” (GP) Tomasz Sakiewicz. The entire tax hole is estimated to have totaled PLN 250 billion.
Polish Minister of Justice Zbigniew Ziobro criticized the previous Civic Platform government’s methods of fighting corruption. “Today, our state is no longer theoretical. It works practically, efficiently and quickly,” says the minister commenting on the KNF corruption scandal.
