Polish salaries may be equal to EU average in 59 years

The average Polish salary has been steadily increasing in recent years, reducing a gap with richer EU countries, Grant Thornton reported. However, it should take 59 more years for Polish earnings to be equal to the EU average, the company estimated.

EU agrees on stricter CO2 emission standards

The European Union decided to tighten CO2 emission standards for new passenger cars and light commercial vehicles (LCV). By 2030, new cars should emit on average 35 percent less CO2 compared to the current limits.

Locked content 14 out of 16 Polish regions among poorest in EU

Fourteen out of 16 Polish regions will remain classified as weakest economically (with GDP per capital below 75 percent of EU average) after 2020, according to the European Commission’s preliminary proposal. Mazowieckie is among the richest regions, with GDP per capital above 100 percent EU average,...

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...

EU and Iceland liberalize trade in food products

Three EU-Iceland economic agreements, signed in September 2015, entered into force on Tuesday. They provide the Union with greater access to the Icelandic market for agricultural and food products and the protection of EU regional products in the country.

EU-US trade war escalates

The European Commission officials on Monday presented EU member states with a €2.8 billion list of over 100 US products that could be affected in response to the US President Donald Trump proposal to place tariffs on European steel and aluminum. The list includes such consumer goods as clothing, cos...

Locked content New EU’ renewable energy goals ‘hard to meet’

Poland will find it difficult, to meet the new upgraded renewable energy resources goals for 2030, approved by the European Parliament earlier this week, Energy Minister Krzysztof Tchórzewski said. “We will struggle to meet these goals along with other states,” he said, adding that the decision is n...

EU to abolish geoblocking in e-commerce

The EU has agreed to abolish geoblocking in online retail trade. After the new regulation come into force, customers from the whole bloc will be able to purchase goods and services on any website in the EU, without being redirected to local sites with differing prices. “Removing unjustified blocking...