
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).
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 move military units to the east due to the presence in Belarus of Wagner Group, one of the most battle-hardened mercenary forces.
With support from Poland and European funding (1.6 bn), the Baltics will upgrade their infrastructure and disconnect from the BRELL system.
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.
NATO fears that Wagner group will cause greater instability in the region. Aggressivity increase as the number of migrants rose.
Despite Poland’s core inflation picture being the least favourable in the region, the government released a plan to increase permanent spending.
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.
Ukraine urges the EU to lift export restrictions on its agricultural products, whereas CEE countries claim local markets’ distortion.
Banks should know their customers and innovate in ICT, while the state focus on prosecution without spreading unnecessary costs throughout the economy.
Although it is recognized that Poland did implement some changes, others that were requested have yet to be suspended.