Locked content General government deficit seen at 0.9% GDP in 2018 and 2019

European Commission (EC) forecasted Poland’s deficit in the general government sector at 0.9 percent of GDP this year and in 2019 versus 1.4 percent of GDP in 2017. In 2020, the Commission expects the deficit to rise to 1 percent of GDP. In May the Commission expected a deficit of 1.4 percent ...

EC draws attention to gender pay gap

The European Commission once again draws attention to the inequality in salaries of women and men. Women in the European Union earn an average of 16.2 percent less than men. It’s as if women would work from October 26 to the end of the year for free.

Locked content EU will co-finance four Polish food promotion programs

The European Commission (EC) has accepted four Polish programs promoting food, the Agriculture Department said on Thursday. Their total budget amounts to €11.2 million. EU will co-finance over €8.5 million. Meat, fruit, and vegetables will be promoted. The EC accepted 58 programs with a budget of ov...

Locked content EU sues Poland over judiciary overhaul

The European Commission has sued the Polish government over its judiciary overhaul. “The European Commission maintains that the Polish law on the Supreme Court is incompatible with EU law as it undermines the principle of judicial independence, including the irremovability of judges,” the Commission...

Locked content Poland under increased scrutiny from Brussels over the rule of law

The European Commission’s concerns about the rule of law in Poland are growing – said on Tuesday the deputy head of the European Commission Frans Timmermans at the conference after hearing regarding Article 7 procedures against Poland. He added that regarding the recent Supreme Court ove...

Ukraine will receive €1 bln loan from EU

The European Commission (EC) signed a Memorandum of Understanding with Ukraine for financial assistance. Ukraine will receive up to €1 billion in the form of medium- and long-term loans. The proposed new Macro-Financial Assistance (MFA) complements three previous MFA programmes, through which the EU...

Locked content EU invests €320 mln in road infrastructure in Poland

The European Regional Development Fund (ERDF) invested over €255 million in the construction of the S5 expressway section between Nowe Marzy, Świecie, and Bydgoszcz. Further €64.6 million (from the Cohesion Fund) were allocated for the construction of the section of the S17 expressway between the in...

Locked content PKN Orlen pre-notifies EC on merger with Lotos

PKN Orlen sent complete analysis of the merger with Grupa Lotos to the European Commission (EC), as part of the pre-notification process – PKN Orlen CEO Daniel Obajtek informed. “We are in constant talks with the EC and we want to prove that the merger is not a threat to competition on t...

Locked content EC approves €145 mln funding for Polish gas link

The European Commission has approved €145.5 million in funding to build the 168-kilometers gas pipeline Pogórska Wola-Tworzeń. The gas link is part of the North-South corridor of the European Network of Transmission System Operators for Gaz (ENTSOG). “This gas pipeline supported by the EU funds is a...

Locked content EC imposes €4.34 bln fine on Google

The European Commission imposed a record €4.34 billion fine on Google over “serious illegal behavior” to secure the dominance of its search engine on mobile phones. Google has used its Android mobile phone operating system “to cement its dominance as a search engine,” thus pr...