National Fiscal Administration getting closer

From 1 March (and not 1 January, as the Sejm wanted) tax collection and safety of public finances in Poland will be handled by National Fiscal Administration (KAS). Before taxpayers...

Payment cards in 4Q2016

The National Bank of Poland (NBP) presented its quarterly report on payment cards in Poland. The number of cards on the Polish market has been steadily growing since 3Q2015. In...

Improving Polish tax system in progress

Details of the plans to introduce further changes that are to make Polish fiscal system more flexible and friendly are regularly presented to public opinion by Polish Deputy Prime Minister...

Draft of a new Polish anti-usury bill

The Ministry of Justice published a draft of a new anti-usury bill, lowering the limits on loan costs other than interest. According to the bill, the fees and commissions will...

Polish zloty traded in China

China is launching direct trading pairs of yuan and seven foreign currencies, including zloty, Bloomberg informs. A statement from Chinese financial market regulator says: “In order to promote bilateral trading...

Polish fintech market worth 856 million EUR

Deloitte took a deeper loot into the state and prospects for the fintech industry in the Central and Eastern Europe. The recently released CEE FinTech Report estimates the market value...

Holiday season better than ever?

The fourth quarter of the year has always been good for retailers. Christmas period is the time for which almost everyone is planning some heavy spending on food and presents....

Polish economy is slowing down

Alarming news is coming from Central Statistical Office (GUS). Polish economy has noticeably slowed down in the recent quarter. Prime Minister Szydło assures this is only temporary. The latest statistical...

First year of Beata Szydło’s government

It has been a full year since Beata Szydło got appointed as Poland’s Prime Minister. As her government celebrates the first 12 months in office, a press conference was held...

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