Poland's current account surplus hit EUR 2.22 billion in the fourth quarter of 2019, against a revised EUR 782 million deficit in the third quarter, according to National Bank of Poland (NBP) figures released on Tuesday.
Poland’s GDP growth will likely slow down to slightly less than 2 percent, but no recession is envisaged this year, President of the National Bank of Poland (NBP) Adam Glapiński told a Wednesday press conference.
President of the National Bank of Poland (NBP) Adam Glapiński on Wednesday said Poland was exceptionally well prepared for the current crisis.
Market observers say that the central bank’s moves open the door for the country’s finance ministry to announce an anti-crisis fiscal policy on a large scale.
The National Bank of Poland (NBP) on Monday recommended that the government should lift some tax and social insurance burdens from Polish companies amid the spreading coronavirus epidemic.
The governor of the National Bank of Poland (NBP), Adam Glapinski, said on Thursday that there will be no recession in Poland, but admitted that there will be an economic slowdown.
Teresa Czerwinska, a management board member of the National Bank of Poland (NBP) and a former finance minister, will become a vice-president and management committee member of the European Investment Bank (EIB) from March 1, the EIB announced on Thursday.
Poland recorded a EUR 990 mln current account surplus in December 2019, against a EUR 1.46-bln surplus in November, according to National Bank of Poland (NBP) figures released on Thursday.
Poland’s M3 money supply grew in December 2019 by 8.3 percent year on year and by 1.5 percent month on month to PLN 1.57 trillion (EUR 369 billion), the National Bank of Poland (NBP) announced on Friday.
Poland's core inflation, excluding the prices of food and energy, measured 3.1 percent year on year in December 2019, against 2.6 percent in November, the National Bank of Poland (NBP) announced on Thursday.