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Poland with a record number of insolvencies

In 2023, three-quarters of countries recorded an increase in corporate insolvencies, marking a +7% rise at the global level. The year 2024 may signal...

The Złoty’s Bullish Prospects: Navigating Economic Growth and Market Optimism

If subsequent data from the US deteriorate, then the chances of a significant rate cut in May could significantly increase. This would be an...

Wall Street Starts Week with Modest Dips, Bitcoin Soars and Investors Eye US Data

The stock exchange on Wall Street began the week with slight volatility. Even though the SP500 dropped by 0.4%, the Dow Jones by 0.2%,...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian invasion of Ukraine began. After two years of war, the current situation in the East seems like...

Orlen Reports Financial Results: Profit Lower Than Previous Year

The ORLEN Group ended the fourth quarter of 2023 with an operating profit EBITDA LIFO* of PLN 11.2 billion ($2.9 billion) and a net...

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...

Despite EU Efforts, Russia Finds Backdoors

"Compared to the rest of the world, the EU has imposed the highest number of sanctions on Russia, and will certainly tighten this sanction...

Polish Interest Rates to Remain Stable, Gradual Cuts Possible Later in 2024

The Monetary Policy Council at its February meeting did not change the level of interest rates. This is likely to remain so for some...

EU Tolls Hike Hits Transport

Effective from December 1, 2023, Germany, as the first country in the European Union, has increased road toll rates. This decision is in response...

MOL wants to become the second-largest retail petrol station operator in Poland

The first MOL-branded station started operations on February 10, 2023. Within a year in Poland, the conglomerate rebranded over 200 stations out of the...

Poland is poised to be the European growth leader in 2024, with a GDP growth forecast of 3.7%

GDP will increase by 3.7% in 2024. In 2025 and 2026 it will fluctuate around 3% Inflation will hit the 2.5% NBP (National...

Germany in Recession, Switzerland Reassures on Inflation, Hungary Cuts Rates Again

Germany has once again reported a downturn in its economy for the fourth quarter in a row. Switzerland has provided reassurances regarding inflation growth...

Warsaw among the top 10 hotel markets in Europe

According to data from STR Global, Warsaw ranks 10th among the main European hotel markets in terms of the growth of the RevPAR1 index...

CEE Region to Experience Revival in Second Half of 2024

Revival in Central and Eastern Europe in the second half of the year, depending on the reduction of interest rates in the euro zone. The...
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