Central Statistical Office released a report called “Poland in Figures” presenting the most up-to-date data on the Polish economy. The document presents information on several socio-economic areas, such as the labour market, prices, environment, culture or finances. The document gives an insight into the lives of Mr Kowalski, at least from the statistical point of…
Are we going to have a major fiscal system overhaul in two years in Poland? It is pretty likely, as state officials reveal some ground-shifting plans with respect to Personal Income Tax and other state levies. Henryk Kowalczyk, Chairperson of the Standing Committee of the Council of Ministers, in a press conference shared the ideas…
The European Commission has just published its country-specific recommendations indicating the macroeconomic areas on which the Member States need to focus on. The guidance is part of the European Semester economic policy coordination programme. The aim of country-specific recommendations (CSRs) is to highlight the areas that each country needs to improve in order to boost…
25 years ago, on 12 April 1991, a new era begun in Poland. It was the day when the Warsaw Stock Exchange officially opened. Commemoration events took place in Warsaw. Among the notables invited to celebrate the occasion was the President of Poland, Andrzej Duda. For this occasion, the stock exchange received a new market…
Polish government has plans to introduce a new legal structure for companies. The new type of business entity will be created with start-ups in mind. Construction of a special type of legal entity was included in the much talked about initiative of the Ministry of Development, The Plan for Responsible Development, known as “the Morawiecki…
Forbes magazine has recently published the sixth instalment of its annual The Richest People in Poland list. The ranking lists a hundred most affluent people in the country. From real estate moguls to ice-cream manufacturers, the richest Polish entrepreneurs may boast assets in the amounts from ranging from 340 million PLN (77.7 million EUR) to…
According to the report released yesterday by the Central Statistical Office (Główny Urząd Statystyczny), the unemployment rate in Poland for January 2016 was 10.3%, which stands out as the lowest January rate in the recent 25 years. In January there were 5,703 thousand people employed in the business sector, which is 2.3% more than in…
Mateusz Morawiecki, Polish Minister of Development, announced a plan for Polish development for the years to come, the Plan for Responsible Development, already dubbed by the media “Morawiecki Plan”. The strategy just got the government’s approval. The plan is to gear up Polish economy to reach new levels and to build grounds for growth even…
The National Bank of Poland publishes quarterly information on payment cards in Poland. It has recently released the data collected for 3Q2015. The report presents and analyses all major figures regarding cards and card holders. The report is compiled based on the statistical information obtained from card issuers and acquirers. In summary, Polish people are…
2016 budget act was passed through the Sejm (lower chamber of Polish Parliament) on Saturday. The state’s presentation of the planned revenue and spending closes with a deficit in the amount of 54.7 billion PLN. Polish MPs worked on over three hundred proposed amendments and eventually approved of the financial plan for 2016. The proposed…
