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...

Locked content EU to Airbnb: follow the rules

The European Commission said on Monday, that the popular online booking service Airbnb is in breach of several EU regulations and gave it until end-August to comply with the existing law. “Popularity cannot be an excuse for not complying with EU consumer rules. Consumers must easily understand how m...

Locked content EC lifts Poland’s 2018 GDP growth forecast to 4.6%

The European Commission increased Poland’s 2018 GDP growth forecast to 4.6 percent from its previous estimate of 4.3 percent issued in May. The forecast for 2019 still remains at 3.7 percent. EC economists say inflation in 2018 should come in at 1.3 percent (unchanged). In 2019 inflation is expected...

Brussels launches new case against Poland over Supreme Court reform

The European Commission launched a new case against Poland over changes to the Supreme Court which it claims undermines judicial independence in the country. The new law, which comes into force on Tuesday, lowers the retirement age for Supreme Court judges from 70 to 65, which affects one-third of t...

Locked content EU commission decides against penalties for Gazprom

The European Commission has decided to impose on Gazprom a set of obligations to address competition concerns.  The Russian company will not have to pay penalties for monopolistic practices. “Today’s decision removes obstacles created by Gazprom, which stand in the way of the free flow o...