
Poland: is now time for solace after the storm?
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.
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.
Ionway is building its first factory in Nysa, aiming at an annual production capacity of 160 GWh. Reportedly, 350 mln euros are granted by the government.
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%).