USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Tag: Czech Republic

Hungary returns to interest rate cuts. Weaker dollar fuels growth of gold and cryptocurrencies

The return of Hungary to interest rate cuts was major news in Europe. However, global markets were more concerned with the continued retreat from...

Weak data from Europe shifts capital overseas

Yesterday, we observed significant readings of economic index. The worse data from Europe clearly shifted investors' interest across the ocean. Subsequent weaker readings did...

Controls on German borders and their impact on the economy

Border controls will extend the border-crossing time by an average of 20 minutes, leading to an increase in transport costs. Two-thirds of German imports...

PastPay raises 12 million euros in Series A. Largest round for B2B BNPL in Central and Eastern Europe

PastPay, a B2B payment solutions provider, has announced a series A funding round worth €12 million, led by Platina Capital in collaboration with several...

Inflation Readings Day

Tuesday morning passed under the dictate of inflation readings. Recently these data are better in that they do not cause horror like last year....

Poland Faces Agricultural Drought in 13 Provinces, with Crop Losses Reaching 20 Percent

In Poland, 13 provinces are struggling with agricultural drought, which has already caused significant losses in crops. It is estimated that in some regions...

Tax Reform Needs Long-Term Vision, Not Quick Fixes: Experts Urge Predictability for Businesses

"Tax reform shouldn't take three months or a year, it should take an entire term. So far, there's been a lack of courage to...

Speaker of the Sejm Begins Official Visit to the Czech Republic, Focusing on Regional Security and Bilateral Cooperation

The Speaker of the Sejm has commenced an official visit to the Czech Republic. Before departing for Prague, Szymon Hołownia outlined the key objectives...

Gold Prices Hit New Records as the NBP Continues to Buy Substantial Amounts of the Precious Metal

New record gold prices have become the new market norm this year. In 2024, the precious metal has hit an all-time high six times,...

Recovery or Just an Investment Revival in Commercial Real Estate?

In recent months, there has been a significant surge in transaction value in Poland’s commercial real estate market, but new investments are still lacking. In...

Poland’s Commercial Real Estate Market Surges by 80% in H1 2024, with Investments Exceeding €1.76 Billion

The international consulting agency Cushman & Wakefield, based on the data collected, estimates the value of transactions in the commercial real estate market in...

Europe still dependent on Russian energy resources

The European Union is still dependent on Russian resources – a portion of EU states continue to import network gas from Russia. This particularly...

SYGNIS records 4.8 million PLN in net sales for the first half of 2024

The Polish deeptech hardware manufacturer - SYGNIS SA - generated over PLN 4.8 million in net sales revenue in the first half of this...

Polish Cherry Growers Struggle Against Low-Quality Imports During Peak Season, Call for Unified Action

The import of low-quality cherries during the Polish season is posing a significant challenge for local cherry producers. It's in essence, negating the appeal...
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