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Polish FinTech market worth PLN 3.6 bln – Deloitte

The FinTech market is worth some €2.2 billion in Central and Eastern Europe, with Poland accounting for PLN 860 million (PLN 3.6 billion) of that sum, according to a report prepared by Deloitte. Poland is the leader of the FinTech business in CEE, however, venture capital investments constitute a me...
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Retail sales grow 6% in June – GUS

Retail sales increased in June by 6 percent year-on-year and 0.9 percent m/m, according to GUS. Market consensus prepared by the Polish Press Agency (PAP), saw the sales increase by 6.8 percent y/y and 1.9 percent m/m.
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Kaczyński accuses opposition of murdering his brother

During the parliamentary debate on judiciary reforms, ruling Law and Justice (PiS) leader Jarosław Kaczyński accused the opposition of murdering his brother President Lech Kaczyński. “Don’t wipe your treacherous mugs with my late brother’s name. You destroyed him, murdered him. You’re scumbags,” he ...
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EU threatens Poland with Article 7

The European Commission is “very close” to triggering the EU’s Article 7 procedure against Poland — a move that can lead to the suspension of a member country’s voting rights, Commission Vice President Frans Timmermans said, condemning the recent attempts by the ruling Law and Justice (PiS) grouping...
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Duda threatens to veto Supreme Court reform

In what seems like an attempt to calm down the tensions caused by recent attempts to overhaul Polish judiciary, President Andrzej Duda said that he will not sign any bill changing the legal system, and submitted his own proposal for a reform of the National Council of the Judiciary (KRS).
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PwC: IPO activity on the rise on WSE

With six IPOs in Q2 worth PLN 2.2 billion, and Play stock debut planned for July, this year is shaping up to be one of the best when it comes to IPOs, PwC said in its report. “Dino Polska and Griffin Premium RE’s Q2 offerings, as well as Play Communications, planned IPO, will contribute to str...