Thursday, October 17, 2024

Third Quarter 2024 on Warsaw’s Office Market

According to the latest Savills Warsaw Office Market report for the third quarter of 2024, Warsaw is characterized by stable rents, dynamically growing interest from tenants in flexible office space (flex offices), and an increase in investment in green building. The capital is strengthening...

Cash – either loved or hated. Are we ready to give up physical money?

In recent years, the topic of cash has increasingly been appearing in public debate, becoming a source of numerous controversies. Discussions revolve around the limitations and the possible complete elimination from the circulation....

Furniture industry warns of consequences of raising minimum wage – letter to the Prime Minister

The furniture industry is concerned about plans to raise the minimum wage. The National Chamber of Commerce of Furniture Manufacturers has written to Prime Minister Donald Tusk on this matter. According to the...

September CPI Inflation Reading in the EU is Lower than Preliminary Reading

The final reading of the September CPI inflation indicator in the EU for September was 1.7 percent year on year and is lower than the preliminary reading by 0.1 percentage point. and lower than the...

Poland’s Coal Dilemma: Billions in Subsidies, Higher Household Bills, and the Costly Road to a Competitive Economy

We are mining the most expensive coal in the world, and it should be even more expensive in order for the mines not to show losses. Household bills should be higher in order...

Transition Technologies MS with Another Contract in the Defense Sector

Transition Technologies MS (TTMS), a Polish software house that will soon begin a public offering of its shares, will implement a project for the NATO Standardization Office (NSO) together with its sister company,...

The number of insolvent companies in Poland has risen again

From the start of the year until the end of September, 4,465 Polish companies declared bankruptcy. The Coface company, which prepares a report on this topic every quarter, emphasizes that this is 95% of all businesses that initiated insolvency proceedings in 2023. There are still 3 months left until the end of the year, and experts already predict that by December the number of insolvencies will reach a record high of 5,000. In which sectors was the growth dynamic highest and which industries suffered the most? Although the Polish economy is currently in a recovery phase, and experts note a growing real increase in GDP, the situation for businesses remains...

Secondary market apartment prices lower by 2-7 percent.

Apartment Owners Become More Realistic and Begin Lowering Prices. The third quarter of 2024 brought some slightly better news for buyers. For the first time...

The Rise of Retail Parks in Poland

The inception of the retail park market in Poland is linked to the political...

The Ministry of Justice has a plan to relieve court backlogs. This may particularly concern Swiss franc-related cases.

As indicated by information from the Ministry of Justice, work is underway on changes to the law to ease congestion in the courts. The proposed changes would provide judges with tools to speed...

Slow Infrastructure Growth Hampers Poland’s Electric Vehicle Market: Long Waits for Charging Points Remain a Major Barrier

The pace of charging infrastructure development in Poland is still too slow and remains one of the biggest barriers in the development of the electric vehicle market - experts indicate. There is a...

85% of Poles claim that they have no problem paying bills. KRD data indicates otherwise

As a society, the majority of us declare that our incomes allow us to pay our current bills. Only...

Demographic Shifts in Polish Cities: Aging Populations and Challenges for Health Services and Infrastructure

In the years 2021-2023, the median age increased in 58 cities and decreased only in seven. In 2023, the oldest inhabitants were in Sopot,...

Real Interest Rate and Political Costs: How the National Bank of Poland Affected Inflation and the Political Situation in Poland

The Consumer Price Index (CPI) inflation in 2023 was 11.5%, therefore an increase in the price of consumer goods and services of 4.9% over...

Polish YouTuber Budda to Stay Behind Bars for Three Months During Financial Crime Probe

In recent days, the media has been dominated by reports of the arrest of a well-known influencer, Kamil L., widely recognized as Budda. These...

Trump wants to “help” the Fed

The US dollar continues to stay strong on the FX market. The Euro is waiting for tomorrow's ECB meeting. Lower inflation in the UK...

Artificial intelligence is entering the job market. Are our positions at risk?

In the future, smart technological solutions will create new professions. Artificial intelligence will increase labor efficiency, much like how machines and computers have done' Today,...

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