Today’s news round-up in Poland

Today’s news round-up in Poland Kalbar/TFN

Start your day with a summary of today’s top stories from Poland’s leading news sites. – The Polish zloty depreciated rapidly after the country's rate setter, the Monetary Policy Council, took the market by surprise by cutting the reference rate by 0.75 percent to 6 percent last week, the newspaper Rzeczpospolita wrote. The Polish currency depreciated by four percent in just a few days, more than any other major currency in the world, the newspaper wrote. The surprising interest-rate cut came despite inflation exceeding the central bank's inflation target by four times, a move which some economists see as politically-motivated ahead of the October 15 general election. – A deputy foreign minister, Piotr Wawrzyk, who had been dismissed over a visa issuance scandal earlier this month, was just a scapegoat as his boss, Foreign Minister Zbigniew Rau, had been well aware of the irregularities in issuing visas to foreigners, the newspaper Gazeta Wyborcza wrote, citing a report from the Polish consulate in Abuja, Nigeria. Apart from lobbying by recruitment firms, the foreign ministry was also pressured by Polish state-owned giants who need employees for their large-scale projects, the newspaper said. – State-owned broadcaster TVP Info reported on the US decision to build a nuclear energy training centre for Central and Eastern Europe in Warsaw, as announced by Polish Climate and Environment Minister Anna Moskwa. The centre will be launched this year, according to Moskwa. – Without yet another government intervention, household electricity bills may rise by as much as 70 percent in 2024, the private news channel TVN24 reported, quoting estimations by the Forum Energii think-tank. "Prices of the (EU's - PAP) CO2 emission allowances are still very high, and Poland emits the most CO2 per kW/h among all big EU countries," the news channel quoted Bartlomiej Derski, an expert with industry website, as saying. "Today Polish coal is in fact the most expensive in the world," Derski added.

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