The Polish economy will shrink by 4.6 percent in 2020 and will expand by 4.3 percent in 2021, as the HICP inflation declines to 2.7 percent in 2020 and edges up to 2.8 percent in 2021, the European Commission (EC) said in its Spring 2020 Economic Forecast.
Polish Deputy PM and Development Minister Jadwiga Emilewicz as well as ministers representing seven other EU member states in a joint letter seen by PAP appealed to EU trade commissioner Phil Hogan for protection of the EU's steel market.
The Polish Development Fund (PFR) on Tuesday launched a project whereby large Polish companies with over 249 employees could submit requests for coronavirus-related assistance. The programme is worth PLN 25 billion (EUR 5.7 billion), PFR said in a communique.
The European Commission (EC) has suggested a EUR 26.5 bln increase in the EU's agriculture budget in 2021-27, of which Poland may get an additional PLN 3 bln, EU Agriculture Commissioner Janusz Wojciechowski said in Warsaw on Friday.
The European Commission has approved a Polish PLN 10 billion (EUR 2.2 billion) subsidised loan scheme to support large enterprises in the context of the coronavirus outbreak.
EC Commissioner Stella Kyriakides thanked Health Minister Lukasz Szumowski for his warning about the masks received from the European Union, which did not comply with quality standards, Deputy Health Minister Janusz Cieszynki said on Thursday.
The Polish economy is set to be the least affected in the EU by the Covid-19 pandemic, despite the virus bringing an end to around three decades of uninterrupted economic growth in Poland.
A new Polish programme worth PLN 500 million (EUR 110 million) for companies affected by the COVID-19 pandemic has received approval from the European Commission (EC), Minister of Funds and Regional Policy Malgorzata Jarosinska-Jedynak has told PAP.
The European Commission has unconditionally approved the takeover of energy firm Energa by Poland's biggest petroleum company PKN Orlen, the latter company said in a news release on Tuesday.
Methods of tackling the coronavirus crisis and its socio-economic consequences for the EU were among the topics of discussion in a European Council videoconference attended by Polish Prime Minister Mateusz Morawiecki on Thursday, the PM's Office has announced.
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