Live fire chances heat up the Polish borders
In a rush to buy weapons to modernize its armed forces, the Polish army is now exercising to incorporate 366 US Abrams tanks.
In a rush to buy weapons to modernize its armed forces, the Polish army is now exercising to incorporate 366 US Abrams tanks.
In a deteriorating context, NBP faces the pro-inflationary impact of fiscal easing, regulatory decisions, and the uncertain economic outlook.
Last November the downward trend in export goods continued (-8.3% to 12 months prior). The value of goods imports decreased by 13.8%.
Setting a more realistic date for coal exit will allow the selection of units that will stay on line to keep system supplied while attracting green investments.
CEE inflation remains markedly higher than in the West, and is unlikely to get back on track till late-2025.
Relations with the EU represent the crucial point for the future of Warsaw, which has become the most reliable ally for the USA in the continent.
GDP growth to be close to 2% YoY in 4Q23 and around 0.4% for the whole year, but the level of core prices stands still (8%).
The transparency in public finance is key for better controlling public spending: with 5.5-6% of GDP Warsaw has the highest deficit in the EU.
The agreement between PAIH and Dubai Internet City increases the support for Polish companies in entering the market of the UAE.
Despite the decline in manufacturing, ING sees encouraging signs. However, wage growth leaves no space for doubt: the double-digit core inflation will stay.