Tuesday, July 16, 2024

Deloitte: Poland enters the phase of economic expansion

The divergence of economic moods in Poland...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian...

The Political Economy of Populism: Challenges and Alternatives in the Modern World

In the contemporary world, the economy defends itself against the political economy of populism and reforms by taking out loans and increasing debt. Typically, it falls even deeper into its clutches. The dangerous triumph of the political economy of populism (PEP) globally has mobilized many...

ORLEN Group Expands Renewable Energy Portfolio with New Photovoltaic Power Plant Near Wałcz

A photovoltaic power plant located near the town of Wałcz in the West Pomeranian Voivodeship has expanded ORLEN Group's renewable energy portfolio by an additional 10 MW. The investment will supply green energy...

New Regulations to Increase Housing Costs and Delays Due to Mandatory Shelter Requirements, Warn Developers

Assuming that each multi-family investment will soon have to provide temporary shelter spaces in underground garages, the increase in the price per square meter of new apartments will reach several hundred zlotys. Realizing...

Extensive Facilitation for Polish Entrepreneurs: Upcoming Deregulation Packages and Legislative Changes

The first deregulation package, which aims to introduce extensive facilitation for Polish entrepreneurs, is expected to be submitted to the Sejm at the turn of this and next year. It will come into effect with...

Abroad, on Promotion, and with Savings: A Summer Portrait of Poles

At the beginning of July, the peak vacation season kicks off. For 32% of Poles, summer trips are the only recreational travel of the year. PAYBACK, through its latest PAYBACK Opinion Poll survey,...

Financial Morality in Poland: Majority Support Debt Repayment, But Growing Uncertainty Among Some

About 9 out of 10 Poles believe that one should honor their financial obligations. However, for 7% of respondents, the issue is not so clear-cut. What opinions do residents of different regions express? The...

Bitcoin’s Struggles: Price Plunge and Continuous Miner Sell-Off

Bitcoin has had a rough month, losing over 25% in recent weeks and falling to its lowest levels since February. While the testing of five-month lows on the BTC chart is mainly attributed to uncertainty around global monetary policy and the impending sale of assets belonging to the exchange that collapsed over 10 years ago, Bitcoin miners also play a significant role in this equation. They have been selling their reserves continuously for the past eight months. In the first week of July, Bitcoin tested the $53,550 level, the lowest since mid-February. Analysts agree that the majority of this movement is due to concerns about the US Federal Reserve (Fed)...

The Results of the French Elections and Their Impact on the Euro

The elections in France, which were expected to be a triumph for Marine Le Pen and the National Rally (RN), ended in a surprising...

Key Market Events: Tesla’s Strong Q2, Biden’s Debate Struggles, UK Election Impact on Stocks

Tesla: Small Forecast Exceedance, Big Profits: Tesla's Q2 deliveries reached 443,956 units, surpassing...

Price Stabilization in Secondary Housing Market Observed in Major Polish Cities

In Warsaw, June brought a long-awaited decrease in the average price per square meter of apartments on the secondary market. Signs of price stabilization are also visible in other metropolises, according to data...

Historical achievement of Polish engineers – Polish suborbital rocket ILR-33 AMBER 2K reached space

The world's first rocket using 98% hydrogen peroxide as oxidizer achieved 101 km. 3 July 2024 will go down in the history of Polish achievements in the development of space technologies. The Polish...

French Parliamentary Elections Ease Market Fears

The results of the first round already indicated that the worst-case scenarios for the markets related to the parliamentary...

Business Centre Club Calls for Comprehensive Tax Reform in Poland

On July 4th, at the Ministry of Finance, a...

33% of Young Poles Aged 25-34 Still Live with Parents

1.7 million, or 33 percent, of young Poles are...

Demand for Housing Loans Remains High but Lower Than Last Year

The value of inquiries for housing loans increased by...

Radical Climate Protest Tactics May Reduce Public Support for Climate Action, Study Finds

Climate activists are increasingly using peaceful civil disobedience to...

ORLEN Signs Major Gas Supply Agreement with Slovakia’s ZSE Energia

ORLEN, through its subsidiary PGNiG Supply & Trading, has signed an agreement with the Slovak company ZSE Energia for the sale of gas, the...

New EU Regulations Aim to Boost Individual Investor Participation in Capital Markets

“The role of the capital market in the development of the Polish economy cannot be overstated,” emphasizes Tomasz Orlik, a board member of PFR...

Eurozone Inflation Stays Near Target, ECB Rate Cuts Remain on Track

The CPI inflation in the Eurozone for June was 2.5% year-on-year, in line with market consensus. Core inflation remained at 2.9% year-on-year, slightly higher...

Global Housing Market Sees 3.6% Annual Growth, Poland Among Top Performers

With the gradual decline in debt costs and limited available resources for sale, the average annual price growth across 56 markets tracked by the...

Municipalities Fear High Fines for Failing to Meet Recycling Targets, Urge Swift Implementation of the “Polluter Pays” Principle

Poland is the last country in the European Union that has not yet implemented the Extended Producer Responsibility (EPR) system. As a result, the...

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