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...

LOT to team up with Estonia’s Nordica

LOT Polish Airlines announced it intends to forge a cooperation with its Estonian counterpart, Nordica. Polish national airline will take up 49 percent of shares in Nordica’s subsidiary – Regional...

Lower retirement age for Poles?

Prawo i Sprawiedliwość party in the general election campaign promised Poles lowering the retirement age. Now, they are saying they are going to keep the promise. Experts warn that the...

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