Tag: Norway

Germany Implements Temporary Border Controls Amid Criticism from EU Neighbors

Germany has introduced temporary controls at all land borders in an effort to curb illegal migration. Such measures are permitted when there is a...

Technology leader struggling with growing challenges

Sweden is one of the most important economies in the world, despite having a relatively small population. Even though it's a member of the...

Natural Gas Prices 16% Lower than Last Year, but Risks of a Price Hike Loom as Winter Approaches

On the eve of winter, the price of natural gas on the European market is 16 percent lower than it was a year ago,...

Central Bank Decisions: No Changes in Interest Rates from UK, Norway, Turkey, China, and Japan

On Thursday and overnight on Thursday to Friday, we learned about the decisions of five major central banks. The United Kingdom, Norway, Turkey, China,...

Polish Employees Happier with Pay Than Europeans (Despite Lower Average)

Only 37 percent of European employees are satisfied with their total compensation package. Poles evaluate their situation significantly better. As many as 60 percent of...

The End of High Rates in the US? Investors Go All In on the Fed

Slowly, weekends are no longer synonymous with rest and relaxation. In the past few days, devastating floods have hit nearly all of Central Europe,...

Central Banks in Focus: Fed, BoE, BoJ, and Norges Bank Set to Shape the Week Ahead

Following the European Central Bank, the focus now shifts to the Federal Reserve, Bank of England, Bank of Japan and Bank of Norway. This...

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...

PGNiG Upstream Norway Starts Low-Emission Oil Extraction from Tyrving Deposit in the North Sea

PGNiG Upstream Norway from the ORLEN Group has begun oil extraction from the Tyrving deposit in the North Sea. The resource reserves are estimated...

Orlen Signs Deal with BP for 6 Million Tons of North Sea Oil

ORLEN has signed a contract with bp for the supply of 6 million tons of crude oil from Norwegian deposits in the North Sea....

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...

ORLEN received its 300th LNG cargo in Świnoujście

The 300th shipment of liquefied natural gas (LNG) has arrived in Świnoujście, Poland. The cargo was delivered in the tanks of the LNG carrier...

Historical achievement of Polish engineers – Polish suborbital rocket ILR-33 AMBER 2K reached space

The world's first rocket using 98% hydrogen peroxide as oxidizer achieved 101 km. 3 July 2024 will go down in the history of Polish...

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...

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Controls at the Polish-German border a threat to entrepreneurs

End of slowdown in the durable goods market, but everything suggests that not in Poland

The distance between the EU and the economies of the US and China is increasing. The competitiveness of EU companies is declining

Project of next year’s budget – all hope is in entrepreneurs

Over half of SMEs plan price increases in 2024 – largest increases in construction and transport

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