Unemployment rate in January up to 8.7%

Unemployment in Januaryr rose by 0.4 percent m/m to 8.7 percent, according to the Ministry of Family, Labor, and Social Policy. In year-to-year terms, the rate dropped by 1.5 percentage points.

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 Poll: 43% of Poles admit economic crisis in Poland

Poles are divided when asked about the country’s affairs, a recent poll by TNS Polska shows. As much as 45 percent of respondents said Poland’s economy is on the rise, whereas only 43 percent believe that economy is in crisis. Apart from that, 45 percent of Poles think that country is mo...

Locked content Dividend payments send €7.8 billion abroad

About one half of the profits of foreign companies is paid out to shareholders as dividends. Last year, this amounted to €7.8 billion. Dividends travel mainly to the Netherlands, Germany and Luxembourg. The amount of dividends paid out to companies registered in Luxembourg tripled last year. Compani...

FinMin: Economy is slowing

Polish Finance Minister Mateusz Szczurek said in an interview with TV station TVN 24 BiŚ, that his office has downgraded this year’s GDP forecasts to 3.4 percent from the previous 3.8 percent.

GDP grows in Q2

Polish economy grows, but slightly slower than in Q1, Central Statistical Office (GUS) reports. According to Q2 results, GDP grew by 3.3 percent. This result is better than 3.2 percent predictions. Seasonally adjusted GDP rose by 0.6 percent in comparison with Q1.

Locked content Poland urges EU-Russia dispute before WTO

Poland’s Ministry of Economy has asked the European Commission to start a dispute concerning the Russian embargo on EU food at the World Trade Organization, the ministry told the Polish Press Agency. Experts say that Russia might, in compliance with WTO regulations, be forced to pay damages arising ...

Locked content Minister of Economy: Bigger threats from the West

Janusz Piechociński, the Polish minister of economy, opines that in his predictions, this year’s GDP is going to increase by 3 percent. As he suggests, a bigger threat to the growth comes from the economic downturn on the West then from the Eastern crisis. “The GDP slack in Q2 from 3.4 p...