Tag: Hungary

Crypto Market Faces Renewed Fear, Hungary Pauses Rate Cuts

It seems as though investors have dismissed the dollar. Despite better data, it is not returning to grace. Meanwhile, the Hungarians are taking a...

Hungary Pauses Interest Rate Cuts as Inflation Falls to 4.1%

Hungary defied market expectations by maintaining its base interest rate at 6.75%, ending a streak of ten consecutive rate cuts. However, this should not be...

Despite Over a Million Homes Built in the Last Decade, Housing Conditions for Poles Have Not Improved. Government Programs Also Fail to Deliver

Despite a strong cultural preference for homeownership in Poland, many people are still unable to afford to buy a home. The "Safe Credit 2%"...

Dollar Recoups Losses, but Cautiously. Weak German Data, Polish Unemployment Back at 5%

The holiday season sometimes brings days when not much happens in the markets. This year, there have been relatively few such days, but yesterday...

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...

US Job Market Shows Slight Improvement, While Stable Inflation Boosts Hungary’s Forint

This week, data from the US labor market turned out to be better than expected, although it's still hard to call them good. In...

Piotr Iwo Chmielewski Assumes Presidency of Rohlig SUUS Logistics in Family Succession

Piotr Iwo Chmielewski has taken over as President of the Management Board of Rohlig SUUS Logistics, the largest Polish logistics operator through family succession....

Renewable Energy Overtakes Fossil Fuels in EU: Poland on the Rise

In the first half of this year, EU's energy share from renewable sources compared to fossil fuels was 30% to 27% respectively. This means...

Cichy-Zasada Group Expands Portfolio with BYD Partnership, Opening First Showrooms This Summer

The Cichy-Zasada Group, a leader in the Polish dealership market, is entering new partnerships, this time with the Chinese brand BYD - one of...

Mixed European Data, Strong US Confidence Boost Dollar

Yesterday's data package from Europe shows that the absence of negative surprises is mainly due to low expectations. However, across the ocean, the results...

New leaders on the industrial market

While six key regions account for nearly 80 per cent of Poland’s total industrial stock, we are seeing some changes to the distribution of...

Retail Purchasing Power Across Europe: Poles Spend Less Than Average, But More Relative to Income

The average purchasing power in retail trade in Europe is 6,517 euros per capita. Citizens of Luxembourg have the highest spending power in this...

Poland May Lose Competitiveness Due to Global Minimum Tax, Experts Warn

With the introduction of the global minimum tax, fiscal incentives for large foreign investors will lose their significance, and Poland may become less competitive...

What’s Next for the Transport Industry in Poland? The State of Polish Transport in the First Half of 2024

Rising operating costs and various fees, fewer orders, lower rates, unfair competition, and geopolitical turmoil—these are just some of the challenges shaping the recent...
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