WBJ | Warsaw Business Journal
Miss Polonia Balances Beauty, Responsibility, and Academic Pursuits. LifeStyle. 22 days ago. Moët Hennessy Poland Expands to a Chic New Headquarters in Warsaw. LifeStyle. 1 month ago. Monika Miller Announces Plans for Future Wedding. LifeStyle. 1 month ago.
Armaments spending by Min of Def continues to grow
1 day ago · Since December 2023, the new Defense Ministry has committed to upholding prior military contracts and adding 150 more by the end of 2024. Polish and foreign defense firms benefit, though critics highlight inefficiencies. Defense spending reached a record 3.1% of GDP in 2024 and is set to rise to 4.7% in 2025, leading NATO countries.
NBP: with energy prices frozen, CPI inflation in ‘25 will be 4.3%
1 day ago · The National Bank of Poland's (NBP) November projection, assuming energy prices for households remain frozen, forecasts CPI inflation at 3.7% in 2024, 4.3% in 2025, and 2.8% in 2026. GDP growth is expected to be 2.7% in 2024, 3.5% in 2025, and 2.9% in 2026. Core inflation is projected at 4.3% in ...
RPP: draft budget for ‘25 does not indicate fiscal tightening
1 day ago · During its October meeting, the Polish Monetary Policy Council (RPP) assessed that the 2025 budget proposal did not indicate fiscal tightening that could reduce inflationary pressure. Some members argued that current interest rates are too low to sustainably return CPI to target. Concerns were raised about fiscal policy's role in medium-term ...
PIE: the increase in housing prices has slowed down
1 day ago · In Q3 2024, the growth in housing prices slowed for the first time since early 2023, according to the Polish Economic Institute (PIE). Year-on-year, secondary market prices rose by 18%, while primary market prices increased by 14%. The pace of growth decreased by over 5 percentage points in the secondary market compared to the previous quarter.
Few Poles understand Clean Transport Zones, but 40% do not …
1 day ago · Only 14% of Poles are aware of Clean Transport Zones (SCT) and understand how they function, despite Warsaw implementing one in July. A survey by Ariadna shows 29% have not heard of SCTs, and 28% know little about them. While 53% support SCTs, 47% oppose, with opponents viewing SCTs as financially ...
Poland reconsiders energy price controls
5 days ago · Poland reconsiders energy price controls. Poland may end state-regulated electricity pricing as market energy rates become increasingly competitive, according to Rafał Gawin, head of the Energy Regulatory Office. Speaking at the National Energy Summit, Gawin stated that regulated tariffs, while an option, aren’t obligatory, and consumers can ...
WBJ | Warsaw Business Journal
Huuuge Games with $14 mln revenue in April, TenSquare Games with $5 mln. Business Fuel & Energy. 1 year ago.
Poland’s economy amongst growth leaders in EU
Oct 8, 2024 · Poland’s economy amongst growth leaders in EU. Poland has become one of the strongest EU economies post-pandemic, ranking 4th in GDP growth in Q2 2024 compared to pre-COVID levels. From a longer-term perspective since the 2008 financial crisis, Poland leads the EU, with GDP growth nearing 60%. Romania is second with 37%.
Min Fin: PLN 56 bln needed to cover budget deficit
Nov 4, 2024 · Min Fin: PLN 56 bln needed to cover budget deficit. Source: Pexels. Poland’s increased budget deficit has driven a rise in borrowing needs, with an additional PLN 56 billion required within two months. To meet this, the Ministry of Finance plans to tap into a liquidity buffer and foreign markets rather than relying solely on domestic sources.