Locked content EU agrees on further sanctions for Russia

The ambassadors of EU countries agreed on Tuesday afternoon that the bloc would impose new sanctions on Russia, following the shooting down of a Malaysian airliner by pro-Russian militants in Ukraine, Polish Radio reports. The decision is yet to be approved by EU governments. Details of the new sanc...

Locked content Exports to Russia down by 7.7% y/y

Poland’s exports to Russia declined by 7.7 percent year-on-year to USD 5 billion in the first half of 2014, Deputy Prime Minister and Economy Minister Janusz Piechociński said, quoting preliminary data from the ministry. In January-May 2014 exports to Russia had dropped by about 6.7 percent y/y. Dat...

Locked content Ugandan police buys two Polish helicopters

PZL Świdnik has signed an agreement with interior ministry of Uganda to deliver one GrandNew and one W-3A Sokół helicopters which will be used by local police. Machines will be delivered in 2015 and the contract encompasses training and support as well, Deputy PM Janusz Piechociński wrote on his blo...

Locked content PKO BP sees GDP growing by 4.5% in 2015

Economists from Poland’s largest bank PKO BP expects the country’s GDP to grow by 3.4 percent in 2014 and by 4.5 percent in 2015, chief economist Radosław Bodys was quoted as saying by ISBnews. Improved individual consumption, a new wave of infrastructure investments and the inflow of EU funds will ...
Radisson Blu Resort in Świnoujście
Image : Zdrojowa Invest

Locked content Zdrojowa to build Radisson Blu Resort on Baltic coast

Hotel developer Zdrojowa Invest will build a Radisson Blu Resort hotel in Świnoujście, near Szczecin. It will be the first five-start hotel in the seaside resort and the chain’s first Resort facility in Poland. Radisson Blu Resort Świnoujście will feature 340 rooms and suites as well as a music club...

Locked content Bread quality scrutinized

Trade inspectors questioned 50 percent of bread batches investigated. It seems that many loaves of bread controlled by the Office of Competition and Consumer Protection (UOKiK) lacked weight information, product name or producer’s information. A total of 2,800 batches of bread were checked, of...

Locked content Video gamers to honor Warsaw Uprising

On Friday, September 1, Polish video game Enemy Front will stop for one minute at 17.00 CET notifying its users that 70 years ago, Warsaw Uprising started. “Thanks to this, players all over the world will get a chance to realize that the events they participate during the virtual adventures have hap...

Locked content Polish families still in the vacationing spirit

Nearly every fifth Pole has already finished his vacationing for the summer. One third of survey respondents are still planning to go on a vacation trip. Another third of Poles surveyed are not planning to go on vacation at all. Research done by the IIBR (Interaktywny Instytut Badań Rynkowych Sp. z ...
Image : DFID - UK Department for International Development

UK to Poles: play fair or get out

British Prime Minister David Cameron wants to crack down on immigrants who take advantage of the British benefit system. Known for mentioning Poles in his debates regarding immigrants and social benefits, Cameron vows to curb payments to EU nationals who do not find a job in the UK, cutting benefit ...

Locked content Szczurek: Poland will phase out IMF credit line

Poland plans to gradually eliminate it flexible credit line from the International Monetary Fund, Finance Minister Mateusz Szczurek told Bloomberg in an interview. “We’ll slowly pull out of the FCL, which we currently treat as a substitute for foreign-exchange reserves,” Szczurek said. “It’s a cheap...