Locked content PM: Poland is less dependent on EU funds

The Polish economy will depend less and less on EU funds, Prime Minister Mateusz Morawiecki stated. “We have a misconception that our economy depends on EU funds,” Morawiecki said answering the question about Poland possibly receiving less money from the next EU budget. He added that Pol...

Locked content Cognor expects economic growth, rise of steel demand in Poland

Steel producer Cognor expects maintenance of economic growth in Poland and possible increase of demand for steel in the near future, company finance director Krzysztof Zoła said. Steel production in Poland will keep growing year-on-year in the second quarter, however without new investments, further...

The unexpected champion

You don’t become a growth champion by accident. Poland has clearly done something right to see 26 years of continued growth. The success story of the entire CEE region post-1989 offers a number of lessons for other countries worldwide. The question they now need to answer is how to continue to conve...

Locked content Good news for economic growth for Poland – World Bank

The World Bank released its Global Economic Prospects report on Wednesday, and it had a positive growth forecast for both Poland and for the global economy for the year ahead. It said that Polish economic growth will accelerate to 3.1 percent, from 2.5 percent in 2016. Also, it indicated that the gl...

Locked content Morawiecki: “We are dealing with a cyclical slowdown”

Concerns regarding Poland’s lower-than-expected economic growth during Q3 can be attributed to a European, as well as an international, downturn in economic growth, Polish Deputy PM and Minister of Finance Mateusz Morawiecki told the Polish press on Thursday. “We are (still) one of the fastest-expan...

Szydło: ‘Plan for responsible development a priority in 2017’

Polish Premier Beata Szydło announced on Tuesday that her government would focus on increased economic development in the coming year. She indicated that the focus during the first year of her party’s reign had been on funding programs for families and on security issues. The government’s official e...

Locked content Czechia is the fastest growing economy in CEE in 2015 – Deloitte...

Czechia became the fastest growing economy in the CEE region in 2015, while Ukraine came in last place, according to the 2015 CE Top 500 ranking by the global advisory Deloitte. Significant factors impacting the region’s position were the fluctuating exchange rates of the CE countries’ national curr...

Locked content Q3 GDP growth at 3.3%, domestic demand up by 4.9%

Poland’s economy grew by 3.3 percent year-on-year in the third quarter of 2014, according to revised estimates published by statistics office GUS. The data is consistent with the flash estimate published in mid-November. In Q2 GDP growth stood at 3.5 percent. The main driver behind the economic grow...