2023-07-25
Poland and Korea partner over tech, energy, and infrastructure
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%).
Category: Poland
2023-07-22
Armed pressure is heating instability in the East
Poland move military units to the east due to the presence in Belarus of Wagner Group, one of the most battle-hardened mercenary forces.
2023-07-04
Eastern borders are now formal and military weapons
NATO fears that Wagner group will cause greater instability in the region. Aggressivity increase as the number of migrants rose.
2023-07-01
Risks grow in line with wages and expansionary fiscal policy
In Poland real interests are negative, and core inflation is still at the highest levels. Industrial output (-3.2%), construction (-0.7%), and retail sales (-6.8%) are all falling.
2023-06-17
Public money only makes inflation more persistent
Despite Poland’s core inflation picture being the least favourable in the region, the government released a plan to increase permanent spending.
2023-06-13
Poland’s challenges to the EU combustion engine phaseout
In an attempt to avoid an outright ban on sales of polluting vehicles, Warsaw will continue mining coal, which generates 70% of its power, until 2049.
2023-06-03
An EU-Ukraine front: is the gamble worth it?
Ukraine urges the EU to lift export restrictions on its agricultural products, whereas CEE countries claim local markets’ distortion.
2023-05-06
Rate cuts are unlikely, as the context is odd
High inflation has translated not only into a decline in real purchasing power, but also in construction- (-1.5%) and industrial production (-2.9%) drops.
2023-04-22
The EU fine against Poland on the judiciary is halved
Although it is recognized that Poland did implement some changes, others that were requested have yet to be suspended.
2023-04-11
Free market competition thrives productivity and cuts inflation
Poland will temporarily stop all imports of grain from Ukraine. How additional restrictions to free markets would now improve the outlook?