Too early for Poland to join euro – Morawiecki

For the time being, it would be better if Poland did not join the euro zone, said Mateusz Morawiecki, Deputy Prime Minister, Minister of Development, and Minister of Finance. But he added that the government’s approach to accession to the euro area has not changed, and that Poland is obligated...

Locked content Government in talks with Toyota on plant in Wałbrzych

The government is conducting talks with Toyota on the subject of investments in Poland, said Deputy Prime Minister and Minister for Development and Finance Mateusz Morawiecki. As to whether the talks are about new investments, Morawiecki told reporters: “Talks are still being conducted. Toyota is on...

Locked content Agreement with Daimler signed – PAP

Deputy Prime Minister and Development Minister Mateusz Morawiecki has signed an agreement with Daimler AG for the construction of a factory in Jawor, PAP sources close to the government have confirmed. According to them, the information will be announced on Thursday. The initial information about th...

Locked content France: Bilateral relations will be hurt by Airbus pact break

France responded on Friday to Poland’s decision to end talks on an Airbus Group PLN 13.5 billion Caracal helicopter order by postponing a presidential visit and warning that the countries’ bilateral relations will be seriously hurt. President Francois Hollande postponed a planned visit to Poland on ...

Locked content Negotiations with Daimler AG on new plant in final stages: Morawiecki

Negotiations on the construction of a Daimler AG engine factory in Jaworze are in the final phase, Deputy Prime Minister Mateusz Morawiecki stated on Wednesday. The plant, costing an estimated €500 million, is to be built in the Legnica Special Economic Zone in Lower Silesia. At the beginning of May...

Locked content Development Ministry downgrades Polish GDP forecast

The Ministry of Development has lowered a GDP growth forecast for 2016 from 3.5 percent to 3.4 percent and held a CPI inflation forecast at -0.5 percent. The whole year consumption should stand at 4.1 percent (correction from 3.9 percent) and investment will grow by 1.1 percent (correction from 1.5 ...

Locked content Morawiecki: Sunday trade ban with no effect on economy

Deputy Prime Minister Mateusz Morawiecki said that a potential ban on Sunday trade will have no negative impact on the economy. “I see no threats here,” the official said at the Economic Forum in Krynica, adding that he supports the project. “We are in a minority of countries where...