Poland is helping Ukrainian refugees, but they are also helping Poland by taking up vacant jobs, Mateusz Morawiecki, the Polish prime minister, has said. Since February 24, when Russia invaded Ukraine, a total of 2,944,000 people have crossed the Polish-Ukrainian border into Poland, the Border Guard (SG) report. Most of the refugees have stayed in…
Poland’s general government sector deficit will reach 4% of GDP in 2022, Mateusz Morawiecki, the prime minister, has said. Last year, according to Central Statistical Office data, Poland’s general government deficit settled at 1.8%. “This year the deficit of the public finance sector will be higher, at the level of around 4%,” Morawiecki said at…
The majority of Poles believe the country’s economy is in a bad condition, according to the results of a new survey published on April 22. The Kantar poll found that in the first half of April, 67% of respondents described the condition of Poland’s economy as poor, while 25% voiced the opposite opinion. Only 8%…
Drogerie dm, Germany’s largest chain of retail stores offering cosmetics and healthcare products, has opened its first shop in Poland. The first store opened in the western city of Wroclaw on April 21. The cost of the launch came to EUR 0.4 million. Drogerie dm will have to compete with fellow German firm Rossmann, which…
Poland’s industrial output rose by 17.3% YoY in March, the Central Statistical Office (GUS) reported on April 21. Month on month, industrial output increased by 18.2%. Economists polled by PAP expected March’s manufacturing to grow by 12.3% YoY and by 13.6% MoM. Seasonally adjusted industrial production went up by 17.2% YoY and by 2.1% MoM…
Nearly 77,000 Ukrainian nationals have found employment in Poland since February 24, when Russia invaded their country, data from the Family and Labour Ministry showed. The Polish government has granted Ukrainian refugees 18-month residency permits and allowed them to take up jobs as well as given them access to healthcare, education and welfare schemes. About…
The budget for the government’s Railway Plus program, aimed to develop local rail connections, will be doubled to PLN 11 billion (EUR 2.37 billion), Mateusz Morawiecki, the prime minister, has said. Speaking in the south-eastern town of Janow Lubelski on April 20, Morawiecki said the Cabinet would approve the program later in the day. “It…