Business
Polish economy grew 4.7% in the first quarter of 2019 and growth continues
The Polish economy grew 4.7 per cent in the first quarter of this year, the country’s Central Statistical Office (GUS) said, presenting its final estimate. And the prospects for continued growth remain good.
Business
Strong retail sales and construction output outperform expectations.
Retail sales in Poland rose 13.6 per cent in April compared with the same month a year earlier, the Central Statistical Office (GUS) said on Thursday. Construction output also increased.
Business
EU judges say Poland's retail tax is not state aid
The Court of Justice of European Union (“ECJ”) has ruled that Poland may tax larger retailers more heavily than smaller ones. This overturns a decision from state aid regulators and raises the possibility that the tax regime for larger retailers which is currently suspended could be reinstated.
Politics
President signs into law extension of 500+ programme to benefit all children
Poland's president, Andrzej Duda, has signed into law the plan by the country’s governing Law and Justice Party to offer benefits to all families with children.
Politics
Poland's PM: Poland will not pay damages – we should receive them
“We will often find compensation if we think more of what life has given us and less about what life has taken away.” The words of Scots theologian William Barclay which, while no doubt a wise philosophical approach, cut little ice in the modern mercenary milieu, especially if there are grievances to be assuaged. Thus, the Polish foreign ministry has announced the cancellation of a planned visit by Israeli officials because it seemed Israel wished the talks to focus on the restitution of property that once belonged to Jews.
Politics
Poland's PM: Poland will not pay damages – we should receive them
“We will often find compensation if we think more of what life has given us and less about what life has taken away.” The words of Scots theologian William Barclay which, while no doubt a wise philosophical approach, cut little ice in the modern mercenary milieu, especially if there are grievances to be assuaged. Thus, the Polish foreign ministry has announced the cancellation of a planned visit by Israeli officials because it seemed Israel wished the talks to focus on the restitution of property that once belonged to Jews.
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Politics
Polish PM: EU membership has been good for Polish economy, as parties campaign
“Elections remind us not only of the rights but the responsibilities of citizenship in a democracy.” The words of Robert Kennedy which we do well to remember in an age when dissatisfaction with politicians leads to voter apathy and cynicism. And this, tends to make the position worse not better. The simple fact is that the only way to bring about change is through participation. In Poland, in the run up to the European parliamentary elections, the politicians are certainly trying to engage the voters.
Business
EBRD to increase spending on green energy projects in Poland.
The European Bank for Reconstruction and Development plans to increase its funding for Poland’s renewable energy this year, after the government shifted toward green energy, a senior EBRD official has said.
Business
Finance Ministry: Poland’s economy to grow by 4% in 2019
Poland’s finance ministry announced on Tuesday that it expects the economy to grow by 4 per cent this year which is faster than 3.8 per cent growth assumed for the 2019 budget, approved by parliament earlier this year.
Business
Polish oil company PKN plans to takeover Polish press distributor Ruch.
Polish oil company PKN Orlen submitted an offer on Thursday to provide financing for the troubled newspaper distributor Ruch, with the intention of taking it over, the state-run oil company’s chief executive said.
Politics
EU action against Poland before elections: just a coincidence?
“Coincidence is God’s way of remaining anonymous.” The words of Albert Einstein. And whether or not God chooses to remain anonymous, the European Commission Vice-President, Frans Timmermans, does not. He was hitting back on Sunday at accusations of political bias from Poland's government, as he campaigned as a candidate for May's European elections
Business
EU Parliament approves rules opposed by Polish hauliers
On Thursday the European Parliament (EP) approved new rules which Polish hauliers have said could adversely affect their businesses. The new rules, which would affect Poland most, were opposed by Polish MEPs.
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Politics
Polish PM: 500+ is an investment in the nation's future
“If you think in terms of a year, plant a seed; if in terms of ten years, plant trees; if in terms of 100 years, teach the people.” Words attributed to the Chinese philosopher Confucius, which may or may not have been in the mind of Poland’s prime minister as he spoke about the future of Poland on Sunday.
Business
Polish PM: We will try to keep the budget deficit within the EU limit
Prime minister Mateusz Morawiecki, speaking after a cabinet meeting in Warsaw on Tuesday, said that Poland’s general government deficit would increase as a result of new spending pledges. “It is obvious that the budget is not a bottomless pit; it is not rubber,” he conceded, as quoted by Poland's PAP news agency.
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Polish economy grew 4.7% in the first quarter of 2019 and growth continues
The Polish economy grew 4.7 per cent in the first quarter of this year, the country’s Central Statistical Office (GUS) said, presenting its final estimate. And the prospects for continued growth remain good.
Foreign Minister: Poland contributes to global peace and security.
“Observe good faith and justice toward all nations. Cultivate peace and harmony with all.” The words of George Washington, first president of the United States and a soldier, so somebody who might be expected to know a thing or two about war and peace. And when it comes to cultivating peace and harmony with all, Poland is ready to share responsibility for global peace and security.
EBRD to increase spending on green energy projects in Poland.
The European Bank for Reconstruction and Development plans to increase its funding for Poland’s renewable energy this year, after the government shifted toward green energy, a senior EBRD official has said.
Poland's PM: Poland will not pay damages – we should receive them
“We will often find compensation if we think more of what life has given us and less about what life has taken away.” The words of Scots theologian William Barclay which, while no doubt a wise philosophical approach, cut little ice in the modern mercenary milieu, especially if there are grievances to be assuaged. Thus, the Polish foreign ministry has announced the cancellation of a planned visit by Israeli officials because it seemed Israel wished the talks to focus on the restitution of property that once belonged to Jews.
Poland's PM: Poland will not pay damages – we should receive them
“We will often find compensation if we think more of what life has given us and less about what life has taken away.” The words of Scots theologian William Barclay which, while no doubt a wise philosophical approach, cut little ice in the modern mercenary milieu, especially if there are grievances to be assuaged. Thus, the Polish foreign ministry has announced the cancellation of a planned visit by Israeli officials because it seemed Israel wished the talks to focus on the restitution of property that once belonged to Jews.
Polish economy – Fitch ratings agency upgrades GDP forecast amid good news
Fitch, an international ratings agency, has upgraded its forecast for Poland’s GDP growth in 2019 from 3.8 to 4 per cent. It also revised upwards its GDP forecast for 2020 from 3 to 3.5 per cent. Fitch also revised downwards its estimate of Poland’s general government deficit for 2019 from 2.2 per cent to 1.7.
Polish PM: We will try to keep the budget deficit within the EU limit
Prime minister Mateusz Morawiecki, speaking after a cabinet meeting in Warsaw on Tuesday, said that Poland’s general government deficit would increase as a result of new spending pledges. “It is obvious that the budget is not a bottomless pit; it is not rubber,” he conceded, as quoted by Poland's PAP news agency.