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...

Adam Ujazdowski

Passionate financial journalist with a dedication to uncovering the truth behind market trends and economic policies.

The economic situation favors hotels, but investment remains limited

The value of investment transactions in all real estate market sectors, both in Poland and Europe, still significantly deviates from the scale of investments...

U.S. Unemployment Claims Dampen Investor Sentiment

"Second-tier" data such as U.S. unemployment claims played the "lead violin" yesterday, partly due to this week's relatively sparse macroeconomic calendar. The unexpected data...

Interest rates in Poland remain unchanged

Interest rates in Poland have remained unchanged, which is another consecutive decision since October to maintain interest rates at the same level. Furthermore, economists'...

Financial Results of Bank Millennium Group for the First Quarter of 2024

Bank Millennium reports net profit of PLN 128 million, strong business results and strengthened capital ratios in 1Q2024 Financial and business results of Bank Millennium...

Columbus Energy Sells Part of Solar Farm Projects to GoldenPeaks Capital Subsidiary

Columbus Energy Group sells part of its farm projects. The buyer is Nyx Renewable Energy from the GoldenPeaks Capital Group. A preliminary agreement signed today...

NBP Holds Rates Steady at 5.75%, Further Cuts in 2024 Unlikely

The NBP's reference rate remained unchanged at 5.75%. This decision aligns with market consensus, and it was generally not expected to differ. The arguments...

Rising Core Inflation and Wage Growth Drive Concerns Over Consumer Price Inflation

The high dynamics of core inflation, mainly driven by domestic factors such as wage growth and pent-up demand, will fuel the rising consumer price...

Lewiatan Confederation proposes amendments to draft law on assistance to Ukrainian citizens

Maintaining the 14-day deadline for employers to notify the assignment of work to Ukrainian citizens, or extending the rights of medical personnel from Ukraine...

Decline in New Agricultural Machinery Registrations Continues in April 2024, Secondary Market Shows Growth

In April 2024, there were 91 fewer registrations of new tractors compared to March of this year and a significant drop of 127 compared...

Can Europe Take the Lead in Supporting Ukraine?

Currently in Poland, on NATO's Eastern Flank, and across Europe, many people are asking whether Europe will be able to support Ukraine with reduced...

Wall Street Ends Mixed, Crude Oil Rises on Falling U.S. Inventories Ahead of Inflation Data

Wednesday's session on Wall Street yielded mixed results for stock indexes. While the Dow Jones Industrial Average gained 0.4%, the Nasdaq Composite lost 0.2%,...

Polish Companies Plan Significant Layoffs Amid Rising Costs and Slowdown

According to the Central Statistical Office (GUS) data, by the end of March, 159 companies in Poland announced plans for group layoffs totaling 17,000...

Revised Polish National Recovery Plan Nears Completion, Negotiations for Extension Underway

Due to nearly a three-year delay in implementing the National Recovery Plan, the coalition government conducted a revision of the plan earlier this year....

The Monetary Policy Council in Poland Unlikely to Find Reasons for Rate Cuts Soon

Today, we will learn about another decision by the Monetary Policy Council regarding interest rates. Market consensus assumes that the rates will remain unchanged...

- A word from our sponsors -

Follow us