With a share of 17% in total production, Poland is the third-largest producer of eggs in the European Union, a deputy head of the National Support Centre for Agriculture (KOWR) has said. Marcin Wronski said that the supply of domestic eggs far exceeded domestic demand, making Poland one of the largest exporters of eggs in…
The Polish labour market will be able to absorb the huge influx of Ukrainian refugees, the central bank president has said. Over 2 million people had crossed into Poland from Ukraine since the start of the Russian invasion, but Adam Glapinski said the Polish economy was strong enough to employ the majority of the Ukrainians.…
Hungarian budget airline Wizz Air will launch four new routes from Poland this coming summer season. “Wizz Air announces today the addition of four new routes to its flights from Poland,” the airline said. “From June, Wizz passengers will be able to travel from Warsaw Chopin Airport to the capital of Denmark – Copenhagen, and…
The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, increased the reference interest rate by 100 basis points, to 4.50% on April 6, surprising economists who expected half the increase. The National Bank of Poland’s lombard rate was raised from 4.00% to 5.00%, the rediscount rate from 3.55% to 4.55% and the discount…
Trade between Ukraine and Poland in 2021 will exceed $10 billion for the first time ever, Ihor Baranetsky, head of the economic affairs department at the Ukrainian Embassy in Poland, has announced. “Ukraine’s trade with Poland has not only reached pre-COVID levels, but will also have record levels. This year, bilateral trade in goods will…
As part of the XIII International Forum “Polish-Ukrainian Business Days”, two memoranda of cooperation were signed in Warsaw on May 20. The Memorandum of Understanding was signed between the Exporters and Investors Council under the Ministry of Foreign Affairs of Ukraine and the Ukrainian Business Association in Poland. It was signed by Ambassador of Ukraine…
Ukraine and Poland government officials have discussed current cooperation in agriculture and agreed to strengthen joint work in organic production, veterinary and phytosanitary operations, seed production and rural development. That’s according to the press service of the Ministry for Development of Economy, Trade and Agriculture following a meeting between Deputy Minister, Trade Representative of Ukraine…