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Tuesday, June 25, 2024

Economics

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...

Poland notes €10.5 bn trade surplus in 2023

According to Central Statistical Office (GUS) data, Poland had a foreign trade surplus of €10.5 billion in 2023, with the country’s largest partner again...

Deloitte poll sees green shoots in CEE sentiment

More than 60% of Central European CFOs expect revenue growth this year. According to those surveyed, the average GDP growth rate in the region...

Returning to growth as normal?

Bank Millennium believes the Polish economy will gradually recover this year, driven by stronger consumer sentiment.Economic growth at 2.9% with an upward outlook, which...

Poland expects EU funds

In 2024 approximately PLN 77 billion (€18 billion) will go to Poland from the National Reconstruction Plan, according to  the Deputy Minister of Finance...

Economy eyes growth after pause for breath

Economists believe that 2024 will see a recovery of the Polish economy, while 70% of Poles say that this year will be better for...

Polish PMI again down, but problems may go deeper

A further decline in orders and poor data from industry resulted in a deterioration of business sentiment in late 2024. This weakens the willingness...