Poland

Polish core inflation eases growth to 5.4% y/y in February

Wojciech Kosc in Warsaw March 19, 2024

Poland’s core inflation eased growth to 5.4% y/y in February after growing 6.2% y/y the preceding month.

Europe has €56bn shortfall to meet Nato 2% of GDP spending pledge

bne IntelliNews March 18, 2024

European nations within Nato are facing a €56bn shortfall in meeting the alliance's defence spending pledge of 2% of GDP this year, the Financial Times reported on March 16.

Polish fashion giant LPP’s stock price collapses after sale of Russian business reported as faked

Wojciech Kosc in Warsaw March 18, 2024

LPP fiercely denied the report, which knocked its stock price nearly 36% in one day.

Poland revives ties with Berlin and Paris in push to help Ukraine

Wojciech Kosc in Warsaw. March 18, 2024

The underlying premise of the summit was to acknowledge that stopping Russia in Ukraine now will come at a much smaller cost than having to stop it later at the EU's gates.

Polish inflation eases growth further to just 2.8% y/y in February

bne IntelliNews March 17, 2024

Polish consumer price inflation (CPI) expanded 2.8% year on year in February (chart) to the lowest level in three years, data from Poland’s statistical office GUS showed on March 15.

VISEGRAD BLOG: Governments battle central banks in Poland and Hungary

Robert Anderson in Prague March 14, 2024

The apparent threats to central bank independence are now worrying markets and the European Central Bank.

Tusk schedules Ukraine summit with Macron and Scholz

Wojciech Kosc in Warsaw March 14, 2024

The so-called Weimar Triangle has sprung back to life under the Polish premier after an eight-year lull under the previous government of Law and Justice.

Poland’s central bank split over allegiance to Glapinski in face of government pressure to remove him

Wojciech Kosc in Warsaw March 13, 2024

Rate setters divide along political lines over a vote on a resolution in support of the governor.

Ukraine becomes world's 4th largest arms importer, European imports soar

bne IntelliNews March 12, 2024

European arms imports were up by 94% in 2019-23, as Ukraine's allies send military aid while also arming themselves, says new SIPRI report.

COMMENT: How deep is the crisis in Poland’s Law and Justice party?

Aleks Szczerbiak in Brighton March 11, 2024

With important local elections coming up in April and to the European Parliament in June, the party faces one of its most serious crises.

Closing gender gap in workforce could double global growth rate says World Bank

Clare Nuttall in Glasgow March 8, 2024

Countries in Central and Eastern Europe and Eurasia have a lower gender gap than the global average but only Latvian women have equal legal standing with men.

Farmers’ rally clashes with police in front of Polish parliament

Wojciech Kosc in Warsaw March 7, 2024

Farmers want the EU to bin the Green Deal and end the imports of Ukrainian agricultural products, which, they claim, has depressed prices on the Polish market.

Poland’s government sets out programme to fix rule of law

Wojciech Kosc in Warsaw March 7, 2024

The European Commission has said that EU payouts will be unblocked once Poland restores the rule of law, which was compromised by the PiS government.

Energy-related CO2 emissions increased last year, but slower than in 2022, says IEA

bne IntelliNews March 6, 2024

In 2023, global CO2 emissions from energy rose at a slower pace compared with the previous year.

EU wants fossil fuel companies to help pay to fight climate change

by Roberta Harrington in Los Angeles March 6, 2024

The European Union plans to urge the fossil fuel industry to aid in combating climate change in less affluent countries under a United Nations objective, a preliminary document reveals.

Poland’s parliament delays work on changes to abortion law until after local elections in April

Wojciech Kosc in Warsaw March 6, 2024

Poland’s four-party coalition government is split on how far the changes should go.

Poland to push EU to ban food imports from Russia and Belarus

Wojciech Kosc in Warsaw March 5, 2024

Prime Minister Donald Tusk is going to ask the Polish parliament this week for a resolution calling on the ban of farm product imports from Russia and Belarus.

Hungarian government paid for regional online advertisement push in support of political allies

Albin Sybera March 5, 2024

Hungary’s advertisement campaign featured the headline “Hungary protects the EU from illegal migration”.

Zelenskiy says situation at Poland border has gone 'too far'

Wojciech Kosc in Warsaw March 4, 2024

Ukraine says Poland is not doing enough to contain the protests that hurt its economy during wartime.

Dismiss