A cargo terminal will be built at Lublin Airport in southeastern Poland, the airport has announced in a press release. The president of Lublin Airport, Andrzej Hawryluk said, as cited in the statement, that a contract was signed on March 9 with a consortium that will build the terminal for nearly PLN 18 million (EUR…
The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, has kept the reference interest rate at 6.75%. The National Bank of Poland’s Lombard rate remained at 7.25%, the rediscount rate at 6.80% and the discount rate at 6.85%, the RPP announced after its sitting on March 8. The RPP also left the deposit…
Mateusz Morawiecki, the Polish prime minister, on March 8 announced a broad-scale financial support programme for women starting up businesses. Morawiecki told the Polish Woman of the 21st Century conference in Warsaw that the scheme would be funded by PLN 1 billion (EUR 213 million) annually. He added that more details about the programme would…
Inflation in Poland will gradually decrease by several percentage points this year from its recent level of 17.2%, the Monetary Policy Council (RPP) has said in a statement after its rate decision. The RPP kept all the interest rates unchanged for the sixth time in a row on March 8, with the reference rate remaining…
The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, has kept the reference interest rate at 6.75%. The National Bank of Poland’s Lombard rate remained at 7.25%, the rediscount rate at 6.80% and the discount rate at 6.85%, the RPP announced after its sitting on March 8. The RPP also left the deposit…
LOT Polish Airlines will add four additional weekly scheduled flights between Vilnius and Warsaw from March 28. “The route between Vilnius and Warsaw is important for both business and holiday travellers,” Tomas Zitikis, head of aviation services at Lithuanian Airports, said. “The airport of the Polish capital is an important aviation hub with many connecting…
Poland’s economy is doing “surprisingly well” despite the negative effects of the Covid pandemic and the Ukraine war, the head on an industry lobby has said. Prime Minister Mateusz Morawiecki announced on March 6 that Poland’s budget deficit was much lower than planned in 2022 and reached PLN 12.4 billion (EUR 2.63 billion) in comparison…