Poland

Polish industrial production returns to growth in September

bne IntelliNews October 18, 2019

Reading indicates 4.1% y/y GDP growth in third quarter, mainly on private consumption, while weaker construction performance suggests diminished contribution from investments, ING says.

Poland’s core inflation picks up to 2.4% y/y in September

Wojciech Kosc in Warsaw October 17, 2019

Polish core inflation came in at 2.4% y/y in September, the National Bank of Poland (NBP) said on October 16.

IMF improves his outlook on Polish growth in 2019

bne IntelliNews October 16, 2019

Poland’s economy will expand 4% in 2019, from 5.1% last year, the International Monetary Fund (IMF) said in its latest World Economic Outlook published on October 15.

VIENNEAST COMPASS: How many straws to break a camel’s back? How do illiberal economies attract so much FDI

Marcus How of Vienneast in Vienna October 15, 2019

On October 13, on either side of the Tatras mountains, “illiberal democrats” faced their latest litmus tests. The ruling parties of PiS and Fidesz retain their grip on power, but in both countries foreign investors don't seem to care

CONFERENCE CALL: Decline of the West and rise of the rest

Ben Aris in Rhodes October 14, 2019

It was 30 years ago that the Berlin Wall came down, ushering in hopes of a united, peaceful and prosperous world. Today the world is unpredictable and moving towards a new division between East and West. How did we get here?

Poland’s PiS win general election but fails to increase its domination

Wojciech Kosc in Warsaw October 14, 2019

Poland’s ruling party Law and Justice (PiS) won the general election, an exit poll showed on October 13. PiS scooped up 43.6% of the vote that should give it another four years with a clear majority in the lower house of the Polish parliament, the Se

It’s four more years of Law and Justice in Poland but what’s next?

Wojciech Kosc in Warsaw October 11, 2019

The question everybody is asking themselves ahead of Sunday’s general election in Poland is not who will win it but how big the ruling populists’ margin of victory will be.

M&A deals decline in Central, Southeast and Eastern Europe in 1H19

Clare Nuttall in Glasgow October 9, 2019

Fall in volume and value of deals revealed in CMS/Mergermarket report is in line with decline seen across Europe as economic slowdown, Brexit uncertainty and global trade wars hit sentiment.

Polish MEP Robert Biedron reportedly saves man and his 2-year-old son from a burning car

Wojciech Kosc in Warsaw October 9, 2019

Dramatic rescue by the first openly gay politician to win a parliament seat in Poland might just give the left-wing Lewica coalition some extra points in the general election on October 13.

Pan-European wave of consolidation threatens to ground small Central, Southeast European airlines

Clare Nuttall in Glasgow October 4, 2019

Slovenian national carrier Adria Airways's decision to file for bankruptcy followed the demises of a series of other European airlines against the underlying trend of an air transport market in the throes of consolidation.

ECJ rules in favour of Polish borrowers in Swiss franc mortgage case

bne IntelliNews October 3, 2019

The ruling by the EU’s top court will allow mortgage borrowers to ask Polish courts to convert their loans into the local currency, and is expected to lead to more borrowers taking legal action against banks.

Poland cannot afford climate neutrality goal in 2050 minister says

Wojciech Kosc in Warsaw October 2, 2019

Poland’s energy sector would need €300bn-€400bn for transformation towards carbon-neutrality while the price tag for the entire Polish economy to meet the EU’s climate ambitions could be €700bn-€900bn, Energy Minister Krzysztof Tchorzewski said.

VIENNEAST COMPASS: Hungary punching above its weight in regional SEE politics

Marcus How of ViennEast September 23, 2019

The incoming president of the European Commission, Ursula von der Leyen, took an unexpected decision of nominating Hungarian Laszlo Trocsanyi as commissioner for expansion as Hungary increases its influence in the region

Polish retail sales growth falters in August

bne IntelliNews September 22, 2019

While below market expectations, the expansion in August is still in line with Poles’ robust consumer spending that is driven by the good situation on the labour market, low unemployment and growing wages in particular.

Poland’s industrial production unexpectedly contracts in August

Wojciech Kosc in Warsaw September 20, 2019

Car manufacturing and output in the refining industry drove the contraction, which was not anticipated by analysts.

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