Agricultural workers have staged several disruptive protests over the Dutch government’s measures to reduce nitrogen emissions
The Czech government will also have to deal with growing public dissatisfaction due to the high cost of living and war fatigue
Soaring energy prices are the main driver behind inflation
Higher prices are not the result of the invisible hand of the market, writes Czech publicist and economist Lenka Zlámalová
There are “more poor people than we’ve ever had,” said the director of a leading German social welfare association
Inflation interview Miloš Zeman President Presidential elections Ukraine war czech republic News Trending The government’s neoliberal economic policy should be dropped in favor of price caps and taxes on higher earners, says Czechia’s president
Germany is facing the most striking loss of prosperity in 50 years, writes Markus Brandstetter for Junge Freiheit
Peer Steinbrück claims that the European Central Bank is primarily responsible for inflation and not the war in Ukraine
Polish economic data for May shows rising wages have failed to keep pace with inflation for the first time in two years
Combating inflation is one of the most important issues for the Polish government, said Deputy Prime Minister Jarosław Kaczyński
A very dangerous inflationary motivation is driving Czech spending habits: “Spend what you can now, as it will be more expensive tomorrow”
The key interest rate in Czechia is already the highest since 1999, but more increases are expected
It’s not over yet, warn Polish economists
Fiala spoke about the consequences of inflation on Czech citizens, the ongoing debate surrounding Russian gas and oil supplies and proposed sanctions, and the need to solve the issue of benefit tourism among primarily Hungarian-speaking Roma.
The CEO of the Warsaw Stock Exchange, Marek Dietl, warns that joining the eurozone should not be treated as a panacea for temporary shifts in the Polish economy
“The energy supply in Germany is at risk, supply chains are breaking down, we have high inflation”
In March, prices increased in Poland by 12.3 percent year-on-year, which is the highest inflation level since 1997
Despite Poland’s interest rate increases, inflation may only get worse
A cap on key food items will remain in effect until July 1, PM Orbán announced
Hungarian inflation is currently slightly above the EU average
Poland can either print money or deregulate the economy to generate growth to fund defense without lowering living standards, says one economic expert
Fuel prices alone have risen 35 percent in one year in Poland
The cost of living crisis is only getting worse in the Czech Republic. Only the Baltics are a little worse off with regards to the rate of inflation
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
The head of the National Bank of Poland Adam Glapiński assured that the Polish economy has strong foundations and that Poland was not at any economic risk
The Hungarian Central Bank’s rate increases take time to have an impact on prices
Year-on-year inflation is likely to exceed 10 percent in the coming months
Poland saw its highest inflation rate in 22 years and a 0.6-percentage point increase compared to an 8.6 percent rate in December 2021
Poland’s GDP is expected to increase by 5.5 percent in 2022
Biden’s approval rating has dipped below a 40 percent average for the first time, as inflation rises at its fastest pace since 1982
Péter Márki-Zay says Hungary is returning to state-controlled prices
Inflation is expected to reach its coveted target in the first half of 2023
The new measure is in part an effort to contain price increases, which have been largely driven by rising energy prices
‘The Polish government is taking strong steps to oppose rising inflation in Poland and protect the pockets of Poles,’ said PM Morawiecki while announcing the new measures
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
The Czech prime minister described COVID-19, inflation and rising energy prices as the most pressing problems to solve
This is the second measure taken by the government to protect consumers in as many months
Instead of blaming working Americans, we should be blaming oligopolies for rising inflation, says a Dutch economist working for a New York-based economic institute
The growth rate in prices of consumption goods and services in Poland is the highest in more than 20 years
The rise in energy prices is one of the main factors fueling inflation in Germany and Europe
Adam Glapiński assured that the inflation rate in Poland will begin to decrease after a few quarters but will maintain its current level until the first quarter of 2022
The newly announced anti-inflation shield will introduce a series of tax cuts to soften the effects of rising inflation
The head of the OECD is heaping praise on Poland’s economy
Hungary could raise rates to 3.9 percent and Czechia to 4 percent.
Even the most ingenious government policy will not ensure prosperity if there is no price stability, said the Czech central bank governor in defense of the bank’s rate hike
The Czechs are worried about the devaluation of their savings as inflation ravages Europe
Head of the NBP Adam Glapiński believes that the Polish economy is in excellent condition and that high inflation was not caused by demand but by supply shock
Although the inflation rate will continue to increase in 2021, some experts forecast that it will steadily decrease in late 2022 and 2023
Along with Lithuania and Estonia, Poland had a 5 percent inflation rate in August 2021, putting it at the very top of the EU
By the end of the second quarter, the solvency of the population had returned to its level before the coronavirus, a recent study showed
This is the first in a series of rate hikes
Of the 27 members, prices are rising fastest in Hungary
Latest report increases GDP growth forecast for 2021-22
Poland has not experienced such a rise in the level of prices for many years
