Unemployment in Poland has fallen below 5% for the first time since 1990, when the country was beginning its post-communist transition. New data from state statistical agency GUS showed that the unemployment rate fell to 4.9% in June, down from 5% in May. The reading was in line with analysts’ expectations. The last time GUS…
In the first half of next year, the Polish presidency of the EU will have its own proposals for changes to the EU’s trade cooperation with Ukraine. Polish Agriculture Minister Czeslaw Siekierski said this during a meeting with Polish farmers in Bialystok (north-east Poland) on July 18 at the office of the Voivode of Podlaskie…
Poland’s Development Ministry has unveiled plans for a new mortgage subsidy scheme aimed at first-time homebuyers. It hopes to launch the programme early next year. However, two other ministries, the central bank and trade unions have expressed concern that the scheme could put further upward pressure on housing prices, which are already rising at the…
Krakow has appointed a “night mayor” who will be responsible for reconciling the needs of the city’s residents, business owners and tourists. Jacek Jordan, a historian and tourist guide with 18 years of experience, was on July 16 named the first person to hold the office. “Amsterdam, Toulouse, Florence, Prague and, as of today, Krakow…
The European Commission has approved Polish plans to use around EUR 194 million (900 million zloty) of EU funds towards construction of a terminal for offshore wind farms in the city of Gdansk. The terminal will be located at the Baltic Hub – Poland’s largest container port – and will facilitate the installation and servicing…
Poland, France, Germany and Italy signed a letter of intent to jointly develop long-range cruise missiles on the sidelines of the NATO summit in Washington, D.C. “The aim is to establish cooperation in the development of our key deep strike capability,” said Poland’s Defence Ministry. This will lead to “joint projects regarding specific solutions that…
Hungary is blocking around EUR 2 billion (8.5 billion zloty) of EU funds earmarked for Poland to compensate for military aid Warsaw has provided to Ukraine. “The Polish government has been repeatedly communicating to Hungary at all possible levels that we are dissatisfied with the fact that Hungary has, for a year now, been blocking…