Locked content Multi-speed Europe will lead to its end – Duda

The European Union will become less attractive to some member states if it implements a “multi-speed” strategy, and break up ultimately, President Andrzej Duda said during his speech at the Economic Forum in Krynica. “A division of the bloc into a multi-speed union will not be beneficial … pol...

Locked content Poles divided over government’s activity – poll

As many as 45 percent of the respondents believe that the government is doing a good job, while the same number thinks otherwise, according to a poll conducted by Kantar Public. The supporters number increased by 1 percentage points m/m, while the number of opponents declined by 2 percentage point. ...

Locked content Duda and Tusk in the lead for presidency – poll

According to a poll conducted by Pollster, if the presidential elections took place today, incumbent Andrzej Duda would enjoy 39 percent support, while former PM and current European Council President Donald Tusk would get 31 percent of the votes. Both would face off in the second round. Other possi...

Locked content Duda signs renewable power bill into law

President Andrzej Duda signed into law a controversial bill on renewable energy which rejigs substitution fees for power sales not covered by certificates of origin. The bill, submitted to the lower house in July, would tie the fees to average prior year commodity market prices for certificates of o...

Locked content Presidential FX-mortgage bill credit negative – Moody’s

Presidential draft bill on FX mortgage conversions would be credit negative, according to credit agency Moody’s, but should not affect lending rates. “The bill is credit negative for Polish banks because it would reduce their profitability, which is already challenged by a tax introduced last year a...

Locked content Duda submits new bill on FX mortgages

President Andrzej Duda submitted his version of the bill aimed to help those with FX mortgages (mostly in Swiss Francs). It proposes to expand the current fund set up to support those with problems in paying off their mortgages and setting up a new one for restructuring FX mortgages. Establishing th...

Locked content PiS ‘dissapointed’ in Duda, but no need for early elections

Top officials from the ruling Law and Justice (PiS) party said that they were disappointed in President’s Andrzej Duda decision to veto two of the three bills, which PiS claims would reform the judiciary. “We are disturbed by the fact that the president did not insulate himself from the influence of...

Locked content EU with ‘wait and see’ approach regarding Polish judicial reforms

The European Commission did not comment on President’s Andrzej Duda decision to veto two bills aimed at overhauling Polish Supreme Court and the National Council of Judiciary (KRS). “The Commission is following the events and the situation in Poland very closely. All developments and all the changes...