On September 8, a meeting of the Ukrainian part of the Ukrainian-Polish Intergovernmental Commission on Economic Cooperation was held under the chairmanship of Iryna Vereshchuk, Deputy Prime Minister and Minister for Reintegration of the Temporarily Occupied Territories of Ukraine. The parties discussed the main prospective directions of Ukrainian-Polish cooperation within the framework of the preparation…
More than 14,600 Polish companies were written off the official registry in August, up by 6.9% MoM, the Central Statistical Office (GUS) reported. However, as many as 32,434 new companies were registered in August and the number was 4.5% higher compared to July, GUS said. There were about 619,400 companies with suspended operations as of…
Inflation will remain at a high level in the coming months but it should soon start declining owing to a drop in the annualised growth of energy prices, Adam Glapinski, governor of the National Bank of Poland (NBP), has said. Glapinski made the statement at a press conference on September 8, which followed the central…
The Monetary Policy Council (RPP), the Polish central bank’s rate-setting body, increased the reference interest rate by 25 basis points, to 6.75% on September 7. The National Bank of Poland’s lombard rate was raised from 7.00% to 7.25%, the rediscount rate from 6.55% to 6.80% and the discount rate from 6.60% to 6.85%. At the…
Estonia will purchase Poland-made Piorun (Thunderbolt) air defence systems, which have been battle-tested in the Ukraine war. Man-portable Piorun surface-to-air missiles are designed to target low-flying aircraft, helicopters and unmanned aerial vehicles. Under the deal, signed by Mariusz Blaszczak, the Polish defence minister, and his Estonian counterpart Hanno Pevkur on September 7, Poland will supply…
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.…