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Poland’s economy grew by 2.7% in Q4
According to preliminary results from the Central Statistical Office (GUS), the Polish economy has in comparison in the last quarter of 2013 developed year-to-year by 2.7%. That was the best quarterly result since Q1 2012. In seasonally adjusted terms, GDP growth in the fourth quarter of last year by 2.2%....
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Labour productivity in Poland
On Thursday, 30th January, 2014, the Central Statistics Office (GUS) published the results of studies into labour productivity in Poland. In the financial year 2013, productivity rose by 3.2% in relation to the previous year. According to data from the Central Statistical Office, the employment rate increased in 2013, compared...
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Ministry of Regional Development (MRD) – European Funds Beyond 2013
The structure of operational programs for the years 2014-2020, an analysis of needs for Poland’s development, objectives and priorities in territorial analyses, together with basic indicators, are only some of the topics presented to the Ministry of Regional Development (MRD) in the draft partnership agreement. The agreement responds directly to...
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Macroeconomic and direct benefits from the policies implementation
How did Great Britain (GB) use the Cohesion Policy implemented in the Visegard Group (VG) countries? GB is one of the 15 countries, which get measurable benefits from the policies implementation in Poland, the Czech Rep, Slovakia and Hungary.
Ministry of Regional Development (MRD)
Which EU-15 countries benefit from the Cohesion Policy implemented in the Visegrad Group (V4) countries? A commission by Polish Ministry of Regional Development (MRD) conducted an analysis and the research shows, that benefits resulting from an increase in exports from the EU-15 countries to the V4 countries, significantly reduce the...
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Two TEN-T corridors to pass through Poland
EU’s revised TEN-T plan puts two corridors through Poland. Two transport corridors forming part of the Trans-European Transport Network (TEN-T) are to pass through Poland, the European Commission announced in October. Poland can expect to receive at least €4.3 billion as part of the EU’s new plans, which envisage nine...
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A remake of the anti-crisis law
The Polish government has recently (end of May) passed a resolution prosaically named: “An act on separate measures in order to mitigate the impact of the economic crisis for both employees and business owners aimed at the workplace protection”. The draft law is in fact a remake of the anti-crisis...
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More flexible working hours provisions
The Senate as the second chamber of the Polish Parliament has agreed to the amendments on the Labor Code adopted in early July by the Polish Parliament (Sejm). This opens the door for the introduction of more flexible working hour arrangements within the companies which stipulate an extension of the...
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The introduction of the EURO in Poland could be delayed by years
Following a newspaper report, the introduction of the EURO in Poland could be delayed by years. As per today there is no 2/3 majority in the Polish parliament for a required change of the Polish constitution (which defines the Polish currency Zloty as the only admissible Polish floating currency). This...
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National Bank of Poland (NBP): definitely the last interest rate cut
The Interest Rate Setting Council of the National Bank of Poland (NBP) has cut the prime rate by a further 25 basis points at the beginning of July. The reference prime rate herewith stays on the historical all-time low of 2,5%. While in the past the vague declarations of the...
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