English
Doing Business in Poland: A Sub-national Comparison of 18 Cities
Dear Sir/Madam, getsix® Group realises how important it is to keep fully informed about the Polish economy and any news that provides important insight. Recently the World Bank published an article regarding ‘Doing Business in Poland 2015’, this was the first study of its kind to be carried out in...
Please Read More
New regulations for Polish and other foreign transport companies for transit in Germany
The suspension of the German minimum wage regulation for Polish and other foreign transport companies for transit in Germany, are not the end of new regulations, informs the Polish transport associations and the government in Warsaw. According to the Minister of Labour Mr. Kosiniak Kamysz and his counterpart Mr. Andrea...
Please Read More
New increased rating for Poland
After eight years, the US rating agency Standard & Poor’s (S&P) has made a change to the rating outlook for Poland. It now has raised from ‘stable’ to ‘positive’.
Poland’s economic growth in 2014
The Polish economy increased by 3.3% in 201, according to preliminary data of the statistical authority CIS. Poland has a leading place in Europe, with a significant higher economic growth than the EU average.
Poland GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Poland expanded 3.30 percent in the third quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Poland averaged 4.22 Percent from 1995 until 2014, reaching an all time high of 8.10 Percent in the fourth quarter of...
Please Read More
National Bank of Poland (NBP) has cut interest rates for the first time since Summer 2013
The Monetary Policy Council (MPC) of the NBP has cut their interest rates for the first time since Summer 2013. Financial experts regarded this step as long overdue, but they have been surprised by the rate cut of 50 percentage points. Most of the market experts predicted 25 percentage points.
Changes to the rules of granting state aid within the Special Economic Zones (SEZ’s)
On 12th November, 2014 the Council of Ministers approved a draft of the Ruling on state aid granted for initiatives operating under a permit to conduct business activity in Special Economic Zones (SEZ’s). The Ruling should take effect by the end of 2014. The rules of granting regional aid have...
Please Read More
The Future Inflation Index (WPI)
The Future Inflation Index (WPI) prognoses decreased again in November. Data shows that prices of goods and services in the upcoming months will decrease by 0.2% compared to October.
NBP’s vision for the economic development of Poland
In November, experts from NBP’s (Narodowy Bank Polski) Economic Institute presented their vision for the economic development of Poland, projecting inflation and GDP. In general the report shows that inflation and GDP will be lower than the figures forecast in July.
Poland’s economic indicators
Poland’s economic indicators 2014 Unemployment rate (%) Inflation / Year (%) Industrial production (%) September 8.7 -0.2 1.9 August 8.8 -0.1 0.3 July 8.9 – 2.4 June 9.1 0.3 1.8 May 9.2 0.3 2.1 April 9.4 0.3 5.6 March 9.6 0.6 5.5 February 9.8 0.7 5.3 January 9.9 0.6 6.5...
Please Read More
