Image : shutterstock

EU to negotiate Nord Stream 2 pipeline with Russia

Thirteen EU members, including Poland, supported the European Commission request to negotiate with Russia about the Nord Stream 2 pipeline, despite Germany’s opposition. “We had 13 delegations intervening, with all of them being supportive of the Commission’s approach,” Commission Vice P...
Alior BankImage : Vivenge

PZU denies plans to merge Alior with Pekao

State-owned insurer PZU denied media reports that it will merge its banking units Pekao and Alior. “It’s pure media speculation,” PZU CEO Paweł Surówka, told the Polish Press Agency (PAP). PZU will instead seek revenue and cost synergies among the two lenders
Image : PKP PLK

PKP PLK to invest PLN 67 bln on infrastructure by 2019

State-owned railway operator PKP PLK plans to sign deals for infrastructure modernization worth PLN 67 billion by 2019. “I am 100 percent convinced that we will contract the entire program within the next two years,” PKP PLK CEO Ireneusz Merchel said. The deals wold be a part of the National Railway...
Image: shutterstock

EU opens legal case against Poland over migration

The European Commission launched a legal case on against Poland, Hungary and the Czech Republic for refusing to take in asylum seekers. “I regret to see that, despite our repeated calls to pledge to relocate, the Czech Republic, Hungary, and Poland have not yet taken the necessary action,” the EU...
Image : Shutterstock

GUS: Inflation at 1.9% in May

Poland’s inflation rate stood at 1.9 percent in May year-on-year, the Central Statistical Office (GUS) confirming the previously released flash estimate.
Image : PZL Mielec

Duda: Poland to increase military spending

President Andrzej Duda, announced during the NATO summit, that he spoke with Deputy PM Mateusz Morawiecki regarding increasing Poland’s defense spending. “Poland will spend 2.2 percent of its GDP on military until 2020, and until 2030 we will further increase it to 2.5 percent.”
tusk wbj

Tusk: no ‘common position’ on Russia with Trump

The European Council President Donald Tusk, said that the EU and the US President Donald Trump do not share the same views on Russia. “I’m not 100 percent sure that we can say today – ‘we’ means Mr President and myself – that we have a common position, common opinion ab...