Never underestimate how much poverty inflation and rhetoric bring
Poland’s central bank lowered interest rates despite inflation standing at 10%. The zloty immediately lost value against the dollar and the euro.
Poland’s central bank lowered interest rates despite inflation standing at 10%. The zloty immediately lost value against the dollar and the euro.
Coal mines employ nearly 76,000 people, but Poland doesn’t want to miss out on attracting greenfield projects. Elections’ rhetoric is buzzling.
Poland raises spending on defence, health, social benefits, and public-sector pay: all money supply that sets an exchange of nothing for something.
In the first half of 2023, 333 export contracts worth over PLN 113 million were signed by Polish entrepreneurs, with PAIH facilitating B2B meetings (+73%).
Since Wagner mercenaries arrived Belarus, Latvia Lithuania and Poland prepare for increasing illegal border crossings and hybrid threats.
While most of consumers expect prices to stay high, Polish inflation is set to receive a boost with a 60% increase in child benefit payments (+0.8% GDP).
Poland and the Czech Republic account for 20% of the Ukrainian arms imports by volume. The increase in orders makes companies changing their production system.
In 2022, the turnover of trade between Warsaw and Seoul amounted to USD 9 bn. The value of Korean exports reached USD 7.90 bn (+19%).
Poland move military units to the east due to the presence in Belarus of Wagner Group, one of the most battle-hardened mercenary forces.
NATO fears that Wagner group will cause greater instability in the region. Aggressivity increase as the number of migrants rose.