Thursday, November 21, 2024

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Economics

Rise of women in science & tech

The "PIE Economic Weekly" reported that of the almost 80 million people employed in the EU in the science and technology industry in 2023,...

China: Trade Agreements, No Visas

From 22 to 26 June the Polish President Andrzej Duda visited China to meet the President Xi Jinping and participate in the World Economic...

Migration in Poland: Economic Impact vs. Public Perception

The actual scale of migration and its impact on the economy can often be quite different from how citizens perceive these phenomena. In 2024, approximately...

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...

Poles’ work-life balance still some way to go

A report by the Polish Economic Institute (PIE) – ‘Work-life balance and flexible forms of work organization’ – shows that Poles work an average...

Wage hikes hit 25-year high

Central Statistical Office (GUS) data show that wage growth remains rapid and has again exceeded economists' forecasts, while employment remains high and real wage...

World Bank Raises Polish Growth Forecast to 3%

The World Bank increased its annual GDP growth forecast for Poland to 3.0% in 2024, primarily on the back of the recovery in private...

VAT reduction on food to be lifted

Poland’s government will end 0% VAT on food introduced two years ago to help soften the blow of soaring inflation. The finance ministry said...

Moody’s confirms Poland’s rating at A2

Moody's confirmed Poland's long-term foreign currency rating at the "A2" level, and its outlook remains stable, the agency said in a statement.The stable rating...

Polish economy surprises on the upside

Industrial production in February 2024 increased by 3.3% compared to the previous year. On a monthly basis, it increased by 0.7%, according to the...