As many as 960,000 Polish workers are employed by companies in a very bad financial condition and 1.2 million employees work for companies in a poor financial situation. More than 2 million workers are threatened by lay-offs, according to a report published by Bisnode Polska, a company specializing ...
Andrzej Bratkowski, a member of the Monetary Policy Council, announced that he will support the reduction of interest rates by 25 bp.
Polska Grupa Zbrojeniowa (Pegaz) is planning to establish consortiums in order to win more contracts and selling technology on the civil market, according to Puls Biznesu daily.
Consumer Confidence Index (CCI) has increased by 0.8 percentage point month-on-month and currently stands at -11.5, according to a report published by the Central Statistical Office (GUS).
President of Poland, Bronisław Komorowski, has signed a budget bill on Friday, president’s office informed.
Poland’s GDP will grow by 3.5 percent this year, up from the previous forecast of 3.3 percent, BofA Merril Lynch informed in its Global Economic Weekly report. Next year, the rate is to increase by 3.7 percent, while it was previously seen at 3.4 percent.
LW Bogdanka mine is considering selling coal abroad since there has been a surplus on the Polish market, according to Parkiet.com.
The pipeline Odessa-Brody may distribute oil in the reverse direction: from Poland to Ukraine, Rzeczpospolita daily reported.
American debt collecting comapny PRA Group has purchased bad debt from Grtin Noble bank worth aorund PLN 300 million, Parkiet.com reported.
The central and local government debt rose to PLN 831.33 billion at the end of Q3 2014, up from PLN 821.34 billion three months earlier, Eurostat reported. The debt stood at PLN 930.5 billion at the end of the same quarter of 2013.