Mateusz Morawiecki, the prime minister of Poland, has said that the government, in the near future, will offer a special energy package to at least several hundred enterprises with high energy consumption. Morawiecki, speaking at the 31st Economic Forum in Poland’s mountain resort of Karpacz on September 7, said: “This is the moment when we…
Polish metals group KGHM signed a memorandum of understanding on September 6 with Romanian nuclear energy company SN Nuclearelectrica on developing Small Modular Reactors (SMRs). KGHM said the non-binding memorandum included exchange of experience and knowledge over 36 months on technical, economic, legal, financial and organisational aspects of SMR development with the US firm NuScale.…
In the assumptions for next year’s budget, the Polish government forecasts unemployment to grow by 1%, the minister for family and social policy has said. Marlena Malag was asked on public radio on September 7 whether unemployment would remain at its current level. On September 6, she said August’s jobless rate stood at 4.9%, the…
The initial Labour Ministry reading showed that the rate of unemployment was at 4.9% in August, unchanged from the previous month, Marlena Malag, the minister of labour, said. If the rate is confirmed by the country’s stats office, it would mean that unemployment has remained the same for three months. “In August, the level of…
Polish retail sales went up by 7.6% YoY in July after a 7.9% increase in June, Eurostat, the EU’s statistics agency, reported on September 5. Month on month, retail sales went up by 1.5%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat…
The exchange programme of the Ukrainian national currency, the hryvnia, for Polish zlotys, launched by the National Bank of Poland (NBP) in cooperation with the National Bank of Ukraine, ends on September 9, the central bank has reported. Ukrainians who fled to Poland initially had trouble exchanging money with exchange offices either not accepting the…
The second half of next year should bring inflation down below 10%, according to Pawel Borys, head of the Polish Development Fund (PFR). On August 31, Poland’s statistical office said August inflation stood at 16.1% YoY and increased by 0.8% MoM. Borys said that he believed Poland’s inflation would not exceed 20% this year, while…