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NBP increases gold reserves to record level

Central Bank NBP increased its reserves in gold to the highest level in at least 35 years, data from the International Monetary Fund showed. They grew from 4.4 metric tons in August to some 117 tons in September, which according to the fund is the highest growth since January 1983.

EU agrees on stricter CO2 emission standards

The European Union decided to tighten CO2 emission standards for new passenger cars and light commercial vehicles (LCV). By 2030, new cars should emit on average 35 percent less CO2 compared to the current limits.

Bankruptcies and restructuring will rise by 20.2% in 2018

The number of company bankruptcies and restructuring in Poland will increase by 20.2 percent y/y in 2018 and by 9.3 percent y/y in 2019, according to Coface estimates. In 2017 the growth amounted to 16.4 percent. In the whole Central and Eastern European region (14 countries, including Russia) an in...

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