Tag: Hungary

Duda and Tusk to Meet Biden: A Symbolic Visit with Complex Meanings

President Andrzej Duda and Prime Minister Donald Tusk will meet with the leader of the USA on the 25th anniversary of Poland's accession to...

Interest rates unchanged: RPP and Canada Hold Steady, US Job Market Shows Potential Weakness

Yesterday's decision on interest rates did not surprise the markets. The ADP report may suggest potential sluggishness in the local job market. Canada, like...

Polish “mortgages” still the second most expensive in Europe

By mid-2023, among EU residents, only the Hungarians had more expensive new housing loans than the Poles. It's worthwhile to check how the situation...

Economists Predict Steady Rates, But History Warns of Caution as Poland’s Monetary Policy Council Meets

The recent decisions of the Monetary Policy Council are quite predictable. It seems that today will also be predictable, but there have been surprises...

Polish Real Estate Market Shows Resilience, Local Investors Fill Western Capital Gap

According to the latest report by international advisory agency Cushman & Wakefield, “CEE Investment Outlook”, 2023 marked a decrease in the activity of western...

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...

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October sets record in consumer restructurings and bankruptcies

Polish IT Sector Faces Rising Debt and Market Pressure Despite Growing Demand for Specialists

Company insolvency in Poland at a record level. Increase by 26% in the first half of 2024

World’s Best Workplaces 2024 – We Know This Year’s 25 Awardees

Sole Proprietorship Registrations Drop by 4.6% in 2024: Trends and Outlook for Year-End

Reforms Could Boost Investments in Poland by 25%, but Lack of Action Risks a 40% Decline – PwC Analysis

The Polish Luxury Goods Market Surpasses Inflation, Valued at Over 42 Billion PLN in 2023

Deloitte: Poland enters the phase of economic expansion