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NIK: 80% of forex traders lost money

As many as 80 percent of Forex traders have lost their money, Poland’s Supreme Audit Office (NIK) said. Between 2012-2016, clients of Polish FX trading companies have lost PLN 2.1 billion combined.
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World Bank praises Poland’s economic growth

According to the report on Poland, published by the World Bank, Polish economy has accomplished great things over the last twenty-something years. World Bank praised Poland for continuous growth since the fall of communism, averaging 4 percent average GDP growth per annum and moving from middle to h...
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Poland promises to fight idea of multi-speed Europe at EU summit

According to the ruling Law and Justice (PiS) leader Jarosław Kaczyński, Poland will “put up the fight” to stop the idea of multi-speed Europe. “We cannot accept any announcements of a two-speed Europe. This would mean either pushing us out of the European Union or downgrading us to an inferior cate...
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Tusk: I will present Brexit guidelines within 48 hours

After British PM Theresa May announced that she will trigger Article 50 on March 29, which will start the two-year long process of the UK leaving the European Union. European Council President Donald Tusk said that he will present necessary guidelines within the next two following days. “Within 48 h...
Sapsan - Russian High Speed Train / image: wikipedia

Gowin: We should build the Central Railway Station

According to Deputy PM Jarosław Gowin, Poland should build a Central Railway Station along with the Central Airport. “The Central Airport should be serviced by the railway network as the passengers won’t be able to get there using standard road connections,” Gowin argued. He also added that bo...
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WSE CEO steps down before assuming office

Warsaw Stock Exchange appointed CEO Rafał Antczak stepped down from his office, before he even assumed it, citing personal reasons. Antczak was appointed CEO back in January, but his nomination had to be approved by the financial market regulator KNF, as he did not have the required three-year long ...
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Poles build houses before they are 40, usually in the countryside

Poles usually build their own house in the countryside (57 percent of them choose the countryside for their residence), while only 19 percent build a house in a city of over 50,000 residents and 9 percent in a city of over 500,000 residents, according to a report by web portal As many as...