Poland’s plan to spend as much as 4% of its GDP on defence this year may be the most ambitious among all NATO member states, Mateusz Morawiecki, the Polish prime minister, has said. The Prime Minister and the defence minister, Mariusz Blaszczak, visited the 18th Mechanised Division in Siedlce, eastern Poland, on January 30. Morawiecki…
There is a slight rise in firms planning wage hikes in the coming quarter despite a drop in wage pressure, the National Bank of Poland (NBP) wrote on January 30 in a report. The number of firms planning to increase wages in the coming quarter increased slightly despite a drop in wage pressure, the National…
The value of venture capital (VC) investment in Poland remained unchanged in 2022, defying global declining trends. “In 2022, the Polish VC market slowed down but maintained a value of transactions that was close to the previous year,” the state-owned VC vehicle PFR Ventures and private firm Inovo VC said in a joint statement on…
The Sejm, the lower house of the Polish parliament, has passed an amendment that puts a cap of 40% on increases in district heating prices. The bill gained the overwhelming support of 441 MPs in the 460-member lower house on January 26, with eight abstentions. The 40% rise cap applies to individual consumers, with the…
Poland’s foreign direct investments (FDI) in Ukraine are expected to increase to $30 billion in the coming five years, a Polish government think-tank has indicated, adding that this will be a nearly 30-fold rise. In 2021, Poland’s FDI totaled $1.2 billion, according to data from the National Bank of Poland (NBP). The Polish Economic Institute…
In Poland, remote work allows employees to save an average of 54 minutes a day, according to Polish Economic Institute (PIE) analysts. “This is the second lowest result among the 27 countries surveyed – three minutes more than in Serbia and one minute less than in the US,” according to data quoted in the January…
Moldovan doctors will benefit from professional training courses in minimally-invasive surgery in Poland. Marshal of the Senate of the Republic of Poland Tomasz Grodzki made the statement at a meeting with Minister of Health Ala Nemerenco on January 26. Nemerenco thanked the Polish partners for the support of the health system in the country, especially…