2023-08-08
The cost of living crisis is here to stay
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).
Tag: Poland
2023-08-05
Winds of war blow on the weapons makers’ economies
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.
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%).
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.
2023-07-11
If dialogue breaks down, the military deterrent is left
The Baltics have requested the NATO forces deployed be beefed up to 3,000-5,000 troops each, being the most vulnerable part of the organization.
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.