EU subsidies reach PLN 187.3 bln

The value of EU subsidy applications submitted by May 10 amounted to PLN 316.1 billion, according to data released by the Ministry of Development. Till that day, 35,059 contracts for the EU co-financed projects amounted to PLN 187.3 billion in EU subsidies.

Treasury debt drops to PLN 949 bln

The debt of the State Treasury of Poland decreased in April by PLN 9.2 billion m/m to PLN 949 billion, the Ministry of Finance said. Since the beginning of the year, the treasury debt has increased by PLN 20.5 billion, the ministry said.

82% of households own computers

Nearly 82 percent of households had at least one computer in 2017, a 1.7 percentage point increase compared to 2016 and 4.7 pp up from the figure in 2014, statistics office GUS stated. As many as 78 percent of households has access to broadband internet connection, which is 1.9 pp more than a year e...

Locked content Polish entrepreneurs generate over 1/3 of GDP

Polish entrepreneurs generate over 1/3 of GDP in Poland. They are the most important employer in the country and invest more than international corporations according to the report “Przedsiębiorca odczarowany. Kim są twórcy polskiej gospodarki” (Eng. “Entrepreneur unbound. Who are ...

Bank BGŻ BNP Paribas targets ROE at more than 10%

WSE-listed lender BGŻ BNP Paribas approved the new strategy for 2018-2022.  The bank plans to have the growth rate of banking activities faster than the market. BGŻ targets ROE above 10 percent and C/I ratio at around 50 percent.

Base inflation at 0.6% in April – NBP

Base inflation (excluding the prices of food and energy) amounted to 0.6 percent y/y in April, compared to 0.7 percent in March, NBP stated. The pace of fuel prices increase was the strongest over the past year, increasing by 3.5 pp to 1.4 percent y/y, while food prices growth was one of the highest...

HICP inflation at 0.9% y/y in April

The Harmonised Index of Consumer Prices (HICP) came in at 0.9 percent y/y in April 2018, compared to 0.7 percent recorded in March, according to Eurostat. In month-on-month terms, prices grew by 0.5 percent. In the entire EU, HICP stood in April at 1.4 percent y/y.