Tag: European Commission

Polish Companies’ Compliance Challenges with Economic Sanctions: An EY Survey Insight

Almost all surveyed respondents (88 percent) are aware of the strict penalties for non-compliance with legal regulations related to breaking economic sanctions. Despite this,...

Złoty Shines While Major Currencies Stay Flat, Data-Driven Week Ahead

Last week was exceptionally poor in macro readings and news about monetary policy, and most major currencies stayed within very narrow ranges. Despite this,...

Polish Zloty Strengthens on EU Funds

Friday brought mixed results on Wall Street. The Nasdaq Composite lost 0.3 percent, the SP500 showed no significant change, and the Dow Jones Industrial...

Elemental Strategic Metals and Huawei Partner on Lithium-Ion Battery Recycling in Poland

Elemental Strategic Metals („ESM”), a subsidiary of the Elemental Group, a global leader in urban mining and recovering green metals, and Huawei Polska („Huawei”),...

Two years later: Polish Red Cross urges continued support for Ukrainian refugees

After two years of war in Ukraine, the interest of Poles in providing aid is much smaller than at the beginning of the conflict....

AI-powered Diagnostics and Medical Robotics: The Key to the Future of Healthcare

The global healthcare system is grappling with staff shortages, and the deficit of workers is one of the biggest challenges in the sector. In...

AI leads to higher energy consumption and new infrastructure needs

The development of artificial intelligence and its ever-increasing use are driving the generation and processing of data. Artificial intelligence solutions allow for the optimization...

New Tax Relief Proposed to Help Businesses Adapt to ESG Reporting Requirements

In response to the new ESG non-financial reporting requirements that came into effect at the beginning of this year, the Confederation of Leviathan and...

EU’s “Internet Constitution” Takes Hold, TikTok Faces Investigation

Since February 17th, the Act on Digital Services began to apply universally in all EU member states, including Poland. The EU regulation regulates the...

Farmers await decision on grain subsidies. Protests from recent weeks may soon spread across the country

"Farmers are protesting for a just cause and the government should sit down with them as soon as possible to prevent these protests from...

New EU regulatory framework for artificial intelligence

On February 2, the Council of the European Union adopted the final version of the Artificial Intelligence (AI) Act. Essentially, it responds to some...

Record Sugar Harvest Won’t Sweeten Prices: High Costs Keep Prices Up

The sugar campaign of 2023/2024, which has just ended, proved to be record-breaking in many ways, with domestic producers producing over 2.34 million tonnes...

Seizing the Opportunity: A Strategic Approach to Achieving the EU’s Ambitious 90% Emission Reduction Goal by 2040

The new European Commission goal of reducing greenhouse gas emissions by 90% by 2040 can be challenging for many countries to achieve. However, this...

From Aid Recipient to Investor: Poland Seeks Partnerships in Africa Amid Chinese Dominance

Today, President Andrzej Duda concluded a multi-day visit to East Africa, where he promoted Polish business and strengthened economic relations in countries like Kenya,...
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