Poland and the European Commission (EC) will discuss the first tranche from the EU’s pandemic relief funds under Poland’s National Recovery Plan (KPO) in January, with the inflow expected in spring, the funds and regional policy minister has announced. Poland is due to receive EUR 25.3 billion in grants and EUR 34.5 billion in loans…
Poland’s manufacturing sector purchasing managers’ index (PMI) dropped to 47.4 points in December 2023 from 48.6 points in November 2023 owing to a protracted deterioration in manufacturing business conditions, a report by S&P Global showed. “The latest batch of data from S&P Global’s 2023 Poland PMI survey point to a sustained deterioration in manufacturing business…
Legislative decisions are needed to prepare decisions on unblocking checkpoints on the Polish-Ukrainian border, Agriculture Minister Czeslaw Siekerski has said. According to him, he spoke with protesters at the border. “We are waiting for the European Commission’s agreement on corn subsidies. We want to preserve preferential loans. We also want local authorities to be able…
More than half of Polish companies are concerned about rising inflation in 2024, according to data from the Monthly Business Climate Index compiled by analysts of the Polish Economic Institute (PIE). Pessimistic energy price forecasts persist among businesses in Poland. According to data from the December 2023 edition of the Monthly Business Climate Index compiled…
Poland’s Ministry of Finance is planning for a draft law on payment suspension for mortgage holders to enter into force from March 1, 2024, the ministry has said in a letter to the bill’s consultants. The mortgage moratorium scheme was intended to help mortgage owners whose monthly installments skyrocketed due to rapidly rising interest rates.…
Warsaw and Tashkent will soon have direct flights, as Uzbek diplomats have met with the president of LOT Polish Airlines in Warsaw. The Polish airline plans to initiate these flights from March 2024. Relations established during a summer visit to Uzbekistan by the airline’s delegation, involving discussions with the Ministry of Transport, Civil Aviation Agency,…
Polish carriers blocking three checkpoints on the Polish-Ukrainian border refused to suspend the blockade for the holidays. The organizer of the carriers’ strike in Dorohusk, Edita Ozygala, announced this after a meeting with the Minister of Infrastructure, Darius Klimczak. According to the activist, protesters will continue the blockade through the holidays and have already drawn…