The Polish economy grew better than expected, especially by 5.7% last year, at the fastest pace since 2007, according to preliminary statistics from the country’s statistical office, as it recovered from the coronavirus pandemic, according to Reuters. Central European economies are looking to build on the 2021 recovery, driven by consumer demand, but face adversity […]
Tag: Poland
Poland: Also builds a new fence on the border with Belarus
Poland today began construction of a new fence on its border with Belarus to prevent the entry of illegal immigrants, an issue that sparked a crisis between Warsaw and Minsk last year. At 186 km long, ie about half the length of the border (418 km), the five-and-a-half-meter-high metal fence will cost about 353m euros […]
Poland: The country entered the fifth wave of the pandemic
Poland is experiencing a fifth wave of infections due to Covid-19, the health minister said today, warning that the spread of the Omicron variant could send the number of cases to high levels that the country has not recorded since the pandemic began. While the number of day-to-day cases has dropped since early December, the […]
Poland: PGNiG to cut gas prices for small businesses by 25%
Polish PGNiG will cut gas prices for small businesses by 25% from today, the country’s State Assets Minister Jacek Sasin announced on Twitter, according to Reuters. Businesses across Poland have reported receiving notices that their gas bills will increase compared to 2021, with some of them shutting down. “I have instructed PGNiG to take measures […]
Poland: Calls on EU to delay fines for undermining independence of judiciary
Poland has asked the European Union’s executive not to impose fines for undermining the independence of the judiciary, saying it was working to dismantle the controversial judges’ disciplinary body, according to a January 10 letter seen by Reuters. Warsaw owes € 70 million at the moment because it did not immediately stop working on the […]
Polish scientists have found a gene that doubles the risk of serious COVID disease
Polish scientists have discovered a gene that they say doubles the risk of serious disease with COVID-19, a discovery they hope could help doctors identify people at higher risk for the disease. As vaccine reluctance is a major factor behind high coronavirus mortality rates in Central and Eastern Europe, researchers hope that identifying those most […]
Poland: Deputy Prime Minister Kaczynski admits country bought Pegasus software
The leader of Poland’s nationalist, ruling party has acknowledged that his country has bought Israeli Pegasus surveillance software, but has denied allegations that it was used against the opposition, which has been rocked by weeks of protests. This software, once installed on a mobile phone, allows access to the messages and data contained in it, […]
Poland: Government cuts VAT on petrol to curb inflation
Poland will cut taxes on gasoline from next month to protect consumers from the explosion of inflation, the prime minister said on Friday, a measure that will cost 1.5 billion zlotys ($ 372.42 million) per quarter. The decision to reduce VAT on petrol to 8% from 23% follows previous tax cuts on petrol, gas and […]
Poland: The first central bank rate hike in 2022
The Central Bank of Poland became the first central bank in the world to raise interest rates in 2022, while it showed that it is ready to take new action in its effort to control inflation, according to Bloomberg. In particular, the country’s central bank today raised its key interest rate by 50 basis points […]
Russian gas flows east on Yamal-Europe pipeline for 15 consecutive days
Gas supplies via the Yamal-Europe pipeline, which typically sends Russian gas westward to Europe, are now being diverted from Germany to Poland, according to data from German network operator Cascade. The gas flows in reverse, from Germany to Poland, for the 15th consecutive day. The volume of gas heading east this morning reached almost 9.9 […]
