Locked content EC: €530 mln for Gdańsk-Elbląg and Wyszków Białystok roads

The European Commission said on Monday it is to spend more than €530 million from the Cohesion Fund to support the construction of expressway S7 Gdańsk – Elbląg and S8 route between Wyszków and Białystok. “With these projects, Polish citizens will be able to reach the centers of regions,...

Locked content Poland to invest PLN 45-50 billion in 5-6 new power units

Energy minister Krzysztof Tchórzewski told the press on Tuesday that Poland will conduct an investment program in the energy sector with a value of approx. PLN 45-50 billion with the aim of building 5-6 new power plants in the coming years. He explained that construction already underway and those t...

Locked content EU concerned about Poland’s deficit in 2017

The European Commission expressed its concern over the possibility of surpassing the budget deficit threshold of three percent GDP by Poland in 2017. On Tuesday, Deputy Minister of Development Mateusz Morawiecki talked with deputy head of the EC, Valdis Dombrovskis. “There were questions on ho...

Locked content Economic Sentiment Indicator up by 0.8 pts

The Economic Sentiment Indicator (ESI) for Poland, calculated by the European Commission, grew to 98.4 points in August compared with 98 points in July, the EC said on Friday. In industry, the ESI grew by 1.4 points month-on-month to -11.3 in August. In services it fell to – 0.8 points. In the...

Locked content Poland to get €69.3 mln for migration policy from EU

Poland will receive €69.3 million by 2020 for activities related to migration policy such as creating and improving conditions in refugee centers, asylum procedures and the integration of immigrants, the European Commission informed on Monday. The money comes from the Asylum, Migration and Integrati...

Locked content Economic Sentiment Indicator falls to 97.6

The Economic Sentiment Indicator (ESI) for Poland fell by 0.7 points month-on-month, and stood at 97.6 points in July, the European Commission estimated. The indicator for industry fell by 0.2 p. m/m to the level of -12.7 p., for the construction industry it fell from -26.1 p. The ESI for consumptio...

Locked content European Commission lowers GDP growth forecast for Poland

The European Commission lowered expected GDP growth for Poland by 0.2 percentage points down to 3 percent for the year. Further, GDP growth for 2015 is expected to be 2.8 percent and 3.3 percent in 2016. Public finances should improve, but the situation in exports and in Ukraine have had a negative ...