Locked content Poland beats Montenegro. Extends group lead

Polish national football team, defeated Montenegro 2:1 in the World Cup qualifier. Thanks to the result, Polish team extended its lead in the Group E to six points, midway through the campaign. Robert Lewandowski opened the score with a beautiful free kick and, although Stefan Mugosa equalized just ...

Locked content Poland signs the Rome declaration

After some news reports, that Poland might not sign the Rome declaration, Polish PM Beata Szydło joined the other 26 EU leaders in endorsing the document at the EU summit. “The time has come to prepare good projects which will be another step for us to see a developing, single and happy Europe,” Szy...

Locked content Polish banks face more consolidation in 2017 – KNF

Polish banking sector will likely continue the consolidation process in 2017. “The process of consolidation and takeovers in 2017 will probably advance and it will probably follow from conditions at their parent banks, albeit not so much tough financial conditions as changes in strategy,” the deputy...

Locked content Fuel prices continue to decline

Fuel prices fell by PLN 0.06, and LPG prices dropped by PLN 0.03 per liter in the last week, according to Reflex, a fuel branch consultancy company. Currently, gasoline sells at PLN 4.61/liter, diesel at PLN 4.53/liter and LPG gas at PLN 2.16 (a decrease of PLN 0.03). Retail fuel prices are likely t...

Locked content Poland threatens not to sign the Rome declaration

Poland won’t adopt the Rome declaration if it won’t address certain issues. “If the declaration does not include the issues which are priorities for Poland, we will not accept the declaration,” Polish PM Beata Szydło said in an interview with TVN24. “The unity of the EU, defense of a tight NAT...

Locked content Polish citizen injured in London attack leaves hospital

According to Poland’s foreign ministry, the only Pole injured in the London attack on Wednesday has left the hospital. Pole was among a number of multinational wounded in the failed attack attempt on the British parliament that killed three plus the perpetrator. “We confirm a Polish citizen wa...

Locked content KNF asks Alior to retain full profit

Poland’s financial market regulator KNF asked WSE-listed lender Alior to retain its entire profit from last year to boost its capital base. In 2016, Alior had PLN 618 million net profit. Earlier this year, KNF asked several Polish banks, including PKO BP, ING Bank Śląski and BZ WBK to do same....