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EC endorses Poland’s drive toward cleaner coal technologies

Polish Monetary Policy Council cuts interest rates by 25 basis points. The government to increase budget deficit to PLN27 billion. Retail sales grow in May. Polish Market brings out a special edition devoted to climate change ahead of the COP conference in Copenhagen. Karl Falkenberg head of DG Environment at the European Commission talks about Europe’s role in fighting climate change and on Poland’s efforts to reduce CO2 emissions. >>

Are Poland’s lower wages the only attraction for foreign companies?

The pace of decline in industrial output slows down, PPI inflation drops and wage growth decelerates. Do foreign companies that move into Poland do it just because of the country’s lower wages? >>

Why does Poland continue to attract foreign investors?

Inflation falls sharply in May. Money supply increases faster than expected. The Polish zloty picks up. Why do foreign investors keep flocking into Poland and what are their key areas of interest? We hear from Krzysztof Rybinski of Ernst and Young and Slawomir Majman, head of the Polish Foreign Investment and Information Agency. >>

ECB President Trichet and EC Commissioner Almunia give thumbs up to the Polish economy

Unemployment in Poland drops in May, inflation on the decrease and the Polish zloty under pressure. The European Central Bank’s Jean Claude Trichet and EC Commissioner Joaquin Almunia praise Poland’s economic performance and its resilience to the world crisis at a conference in Warsaw organized by the National Bank of Poland to mark the twentieth anniversary of transition from communism to a market economy.  >>

Polish shipyards’ problems solved?

Stocks rally on the Warsaw Stock Exchange. Interest rates stay unchanged. The Purchasing Managers’ Index goes up, The Polish zloty weakens again. 20 years after Poland’s first free elections two Polish shipyards find a buyer, but in spite of protests by the Solidarity trade union layoffs are planned. >>

Polish President’s parliamentary address on the economy

Polish President Lech Kaczynski warns of economic crisis, but Prime Minister Donald Tusk says the future so not so bleak. Interest rates to stay unchanged. Production drop sharper than expected.  >>

Ukrainian migrant workers fill gaps on the Polish labour market as few Poles decide to return home from the West

Unemployment in Poland goes down. Inflation is higher than expected. The European Commission starts excessive deficit procedure against Poland. Ukrainian migrant workers fill gaps on the Polish labour market as few Polish migrants decide to go back home. >>

Is Poland going to be the only EU economy to actually grow this year?

Several international institutions predict zero growth for Poland this year, but the Polish government disputes such forecasts. The British ambassador to Poland explains why he thinks this country remains a stable economic partner in Europe.  >>
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