Locked content Morawiecki: Adjusted banking and retail taxes in 2017

“Poland could adjust, without significantly loosening or tightening, its banking and retail taxes in 2017,” Deputy Prime Minister and Development Minister Mateusz Morawiecki announced during the Economic Forum in Krynica on Tuesday. “We’re facing a potential discussion in the...

Locked content Poland to domesticate foreign banks – Morawiecki

Poland will seek to domesticate (if it cannot buy them outright) any foreign-owned banks that could be put on sale, Deputy Prime Minister and Development Minister Mateusz Morawiecki announced on Friday. “Speaking broadly, if a bank is put up for sale, then we would like its decision center to ...

Locked content Morawiecki: Polish GDP up to 3.5% in 2016

Poland’s GDP may grow by 3.4 – 3.5 percent in 2016, announced Deputy Prime Minister and Development Minister Mateusz Morawiecki on Friday. “There is a chance to exceed 3.5 percent in GDP growth in Q3 – Q4 2016, and this would mean a GDP growth of 3.4-3.5 percent in total in 2...

Locked content Poland will seek chance to “repolonize” banks

Poland is seeking the chance to arrange the repolonization of foreign held bank assets – Poland will keep its eye on the “natural market space” to shift bank ownership to Polish hands if foreign banking groups are forced to sell their operations in Poland, deputy PM and Development...

Morawiecki: PLN 20 bln for 500+ is not excessive

The 500+ child benefit program is an investment in Poland’s future and it will bring returns, said Deputy Prime Minister Mateusz Morawiecki on Tuesday, following media reports that he criticized the welfare program at a meeting with PiS voters in Bydgoszcz.

Locked content Poland to entice financial companies from City to move to Poland

Deputy Prime Minister and Development Minister Mateusz Morawiecki said that the biggest threat to the Polish economy in relation to Brexit is a “bump in foreign trade.” On the plus side, Polish workers may come back home and financial institutions from London’s City may move to Pol...

Locked content Poland to set up rating agency

The Warsaw Stock Exchange and the Polish Development Fund will establish a Polish rating agency addressed to mid-cap companies, Development Minister Mateusz Morawiecki said on Monday. “Of course, more powerful countries are trying to establish their agencies, while the big three agencies conti...

Locked content Brexit will not influence Polish GDP or currency – Morawiecki

Deputy Prime Minister and Development Minister Mateusz Morawiecki proclaimed on Friday that the UK leaving the EU will not affect Polish GDP or the zloty currency. “A British exit from the European Union will not have any major impact on Poland’s economic growth and volatility in the zlo...