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Saturday, June 22, 2024

Fantasy Art in Warsaw

The 3rd edition of the “Fantasy Art in Warsaw” exhibition offers exclusive access to almost 60 art pieces, most of which have not been...

How Poland stands in the AI-era

Can the process of Polish convergence at its current pace be sustained, or is it just a historical anomaly, and how does AI affect ...

IMPACT LEADERS: Beata Mońka, Founder and CEO of Art of Networking

Today, we are delighted to welcome Beata Mońka to IMPACT LEADERS with Magda Petryniak. She is the Founder and CEO of Art of Networking,...

Investment in Poland at a crossroads

On May 8, during the 16th European Economic Congress, during the session ‘Investments in Poland through the eyes of business. Regression and hopes,’ the...

Polish high earners’ fortunes fluctuate

The number of people earning over PLN 10,000 (2,300 euros) gross per month increased to 1.5 million in Poland in 2022, according to a...

Poland: economic outlook for 2023

Sylwia Ziemacka from Poland Weekly talks to Cristina Savescu, Senior Economist for EU countries at the World Bank. “The Polish economy has proven resilient to the multiple global shocks and rebounded more sharply than previously thought from the 2020 recession, despite the war in Ukraine, the energy shock, and tighter global financing conditions. Economic growth is expected to decelerate sharply in Poland in 2023, to below 1 percent, in line with the much weaker growth expected for the euro area, where GDP is expected to record 0 percent growth in 2023, a 1.9 percentage points downward revision from June 2022. The weaker growth projection for Poland in 2023 is the result of several factors. It reflects a marked deceleration in domestic demand due to high inflation that is rapidly eroding households’ purchasing power but also the fading effect of the pent-up demand built during the COVID period and the unwinding of a large inventory cycle that contributed significantly to growth in 2022. The lagged effect of monetary policy tightening, lower demand from key trading partners, and continued negative confidence effects related to the war in Ukraine are also expected to weigh on the growth outturn this year. The National Recovery and Resilience Plan is expected to support public investment, but any delays in EU funds disbursements represent a downside risk to growth,” – said Cristina Savescu.

Sylwia Ziemacka
Sylwia Ziemacka
“I believe our unique selling point is that we focus on what brings us together. Poland Weekly offers something you will not find anywhere else: a truly international and unifying perspective focused on content that builds cooperation and mutual understanding. This attitude doesn't make us naïve, but it allows us to focus on mutual understanding and a search for solutions. There are so many new challenges that we are all facing, such as energy transformation, climate change and supply chain disruption, to name but a few. By working together and sharing good practices, we can achieve so much more.”
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