Tag: VAT

Polish Entrepreneurs Demand Legal Stability, Faster Courts, and Limited Pre-Trial Detention in “New Economic Policy”

Shortening of economic proceedings to a maximum of six months, simplification of the tax system, greater stability of law and adhering to the vacatio...

Gold dipped below 2000 dollars. Why?

Surprising US inflation data triggered a dramatic fall in gold prices last week. “The price chart shows one great ‘waterfall' ", states a market...

Legal Hurdles Impede Poland’s CPK Ambition

The Central Communication Port is planned to connect key aviation, rail, and road transport points. However, a debate is currently underway about whether Poland...

Interest Rate Cuts in Poland: Later Than Expected, With Eyes on Major Central Banks

The market is scaling back its expectations for interest rate cuts in Poland this year. The cuts will come, but later than expected, and...

Interest Rates May Hold, But Zloty’s Path to Strength Uncertain

There is a potential for the interest rate to remain unchanged. Chairman of the Monetary Policy Council (RPP), Professor Glapiński, hinted strongly at this...

Polish interest rates remain unchanged following the Monetary Policy Council meeting

The Monetary Policy Council (MPC) has once again left interest rates in Poland unchanged. In its statement following the MPC meeting, it once again...

RPP Meeting: No Rate Change Expected, Focus on March and Inflation Path

On Tuesday, February 6, the Monetary Policy Council (RPP) is starting a two-day meeting with the decision scheduled to be announced on Wednesday, February...

Poland faces an excessive deficit procedure from the EU

In the European Union, there is a procedure known as excessive deficit, which sets an invariable level of 3% GDP. The current government- after...

STIR Usage Grows: Blocked Funds Up 14%, Entities Up 17%

Treasury Department continues to use STIR. Year-on-year, there is an over 14% increase in blocked funds. Last year, almost 90 million PLN were...

Inflation Concerns Outweigh Relief Calls: No Rate Cuts in February

Economists agree that there will be no significant cuts to interest rates in February 2024. This implies that consumer and mortgage loan repayments are...

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...

Polish companies optimistic about 2024, despite challenges

Polish companies entered 2024 with optimism. Positive sentiment prevails particularly among large and medium-sized enterprises, while micro and small businesses still experience a slight...

Poland Takes Step Towards Joining European Public Prosecutor’s Office

"We are very pleased with Poland's decision to join the European Public Prosecutor's Office (EPPO), as it means expanding our sphere of action. For...

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...
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