Locked content Jędrzejczyk retains strawweight title

Joanna Jędrzejczyk, retained her UFC strawweight title at UFC 211, beating Brazilian Jessica Andrade unanimously. Jędrzejczyk dominated and won each of five rounds, landing over 40 strikes, her win was never in any doubt and she remains undefeated in MMA competition. Jędrzejczyk is one title defense...

Locked content AIIB expands membership to 77

The Chinese-led Asian Infrastructure Investment Bank (AIIB) announced that it approved seven applications to join the bank, bringing the number of members to 77. New members include, Greece, Chile, Bolivia, Romania, Bahrain, Cyprus and Samoa. “More and more countries are signing up to become members...

Locked content Poland condemns North Korean missile tests

Polish foreign ministry issued a statement condemning North Korea for its latest missile test. “Actions by Pyongyang authorities pose a threat to security and peace in the region and to the international non-proliferation and arms control system. We urge the North Korean authorities to return to dia...

Locked content Duda proposes next year’s Independence Day date for referendum

President Andrzej Duda, suggested that the constitutional referendum should take place on next year’s Independence Day – November 11. “I will soon appoint a plenipotentiary for the constitutional referendum,” Duda said in an interview with wSieci weekly. “I would like that for the first time s...

GUS: foreign trade on the rise in Q1

In the first quarter of 2017, Poland increased its exports by 8.9 percent, while imports grew by 12 percent y/y, according to the Central Statistical Office (GUS). Exports amounted to PLN 212.15 billion, while imports totaled PLN 210.57 billion. Trade surplus amounted to PLN 1.58 billion.

Locked content KNF suspends Twoja SKOK and files for its bankruptcy

Poland’s financial market regulator KNF suspended operations of and filed for the bankruptcy of credit union Twoja SKOK which deposits amount to PLN 170.3 million. As of March 31, Twoja Skok had negative equity of PLN 52.6 million and PLN 2.7 million loss. Additionally, the credit union had PL...
Image: Shutterstock

Moody’s upholds Poland’s rating, raises outlook

Rating agency Moody’s upheld Poland’s A2 rating and revised the outlook from negative to stable, citing reduced risks of loose fiscal policy and a lack of material deterioration in the investment climate under the Law and Justice (PiS) government.

Locked content Foreigners bought 3.2k ha land in 2016

According to data released by the interior ministry, foreigners bought 3,185 hectares of Polish land last year, compared to 460 ha purchased in 2015. Out of that number, 575.89 hectares was agricultural and woodland grounds. Germans and Dutch were amongst the nations who purchased the most land. Add...

Fuel prices continue to fall

Average fuel prices decreased by PLN 0.06, while diesel prices fell by PLN 0.06 last week, according to BM Reflex, a fuel branch consultancy company, LPG prices declined by PLN 0.03.