Growing inflation, disputes with the EU, the pandemic and rising energy prices are among the greatest challenges to economic development in Poland, experts from the European Financial Congress (EKF) think tank have said.
Over the 25 years of Poland's membership of the Organisation for Economic Co-operation and Development (OECD), the country's GDP per capita rose to 70 percent of the organisation's average from 40 percent in 1996, the development minister has said.
The Polish prime minister in the long-expected government reshuffle has named new agriculture, climate and development and technology ministers, and reinstated the Ministry of Sports and Tourism.
Fifty eight percent of Poles are pessimistic about recent developments in their country and 64 percent have a negative view of the economic situation, the Kantar pollster revealed on Wednesday in a survey.
The leader of the Poland's governing party, and the prime minister have outlined the main ideas behind the government’s “New Deal” programme, designed to breathe life into the post-pandemic economy.
Polish fuel giant PKN Orlen has said it is hopeful that the Lithuanian government will make its position clear on the development of the Mazeikiu oil refinery within a month.
The Polish Investment Zone, which covers the entire area of the country, has been developing steadily despite the coronavirus epidemic, with new investments worth EUR 3.31 billion in 2020, a deputy prime minister has said.
Poland will support areas that during communist times depended on collective farms, the so-called PGRs, with a PLN 250-million fund, the prime minister, Mateusz Morawiecki, announced on Wednesday.
Poland has signed a EUR 700-million credit agreement with the European Investment Bank to support rural development, the Finance Ministry announced on Wednesday.
Hitachi ABB Power Grids has joined Poland's scheme to boost the development of offshore wind energy in the Baltic Sea, the company said on Wednesday.