The June PMI reading reflects stagnation in the sector

PMI inches down to 50.3

Poland’s Manufacturing PMI is reflecting stagnation, with a reading of only 50.3 points in June compared to 50.8 points in May, according to a press release from HSBC and Markit Economics.
Image : Image : Kulczyk Investments

Kulczyk again tops richest Poles list

Jan Kulczyk maintained the first position in the annual ranking of the 100 richest Poles published by weekly Wprost . His assets are valued at PLN 13.1 billion. They include real estate and energy assets, as well as recently acquired chemical firm Ciech.
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Juncker nominated for the new EC President

Former Luxembourg prime minister Jean-Claude Juncker was nominated by 26, out of 28 EU leaders to become the next President of the European Commission. The only two politicians who voted against his candidacy were British and Hungarian Prime Ministers. “We need to send a clear signal and a warning t...
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EU and Ukraine sign Association Agreement

During a summit in Brussels, the Ukrainian president Petro Poroshenko and the chief of the EU Commission, Jose Manuel Barroso and the chief of the EU Council, Herman Van Rompuy have signed the second part of the AssociationAgreement between Ukraine and the EU.
Image : Wikimedia

Locked content EU and Ukraine sign agreement

During a summit in Brussels, the Ukrainian president Petro Poroshenko and the chief of the EU Commission, Jose Manuel Barroso and the chief of the EU Council, Herman Van Rompuy have signed the second part of the association agreement between Ukraine and the EU. The first part of the agreement was si...
Paweł TamborskiImage : Ministry of State Treasury

Tamborski appointed CEO of WSE

Paweł Tamborski was appointed as CEO of the Warsaw Stock Exchange by the bourse management board., replacing Adam Maciejewski. The main financial regulator must approve the appointment of Tamborski, who previously served as Vice-minister of Finance with the Tusk government.
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Unemployment continues downward trend

The latest data published by the Central Statistical Office (GUS) shows a decrease in unemployment. The unemployment rate at the end of May was 12.5 percent, compared with 13 percent in April, as presented in a GUS statement. This is the lowest unemployment rate in the last year and a half.