Polish Development Fund

Ukrainian women doing well on Polish job market says agency official

Uwe Anspach/PAP/DPA

Most Ukrainian women who fled the war in their country have found jobs in Poland, a deputy president of the Polish Development Fund (PFR) has said.

Today’s news round up in Poland

Start your day with a summary of today’s top stories from Poland’s leading news sites.

Inflation likely to drop below 10 pct next year says head of gov't agency

The second half of next year should bring inflation down below 10 percent according to Paweł Borys, head of the Polish Development Fund (PFR).

Poland to apply for recovery funds within two months says PM

Mateusz Morawiecki, the Polish prime minister, has said that the first application for pandemic recovery funding will be filed with the European Commission "within two months, by the end of October or in early November."

State Treasury to take over Europe's biggest coal miner

Poland's State Treasury will buy out shares in the Polish Mining Group (PGG), Europe's biggest coal mining conglomerate, from four shareholders in which the Treasury has stakes.

High inflation to continue for 2-3 years says head of gov't agency

Poles will likely have to endure elevated inflation levels for the coming two to three years, according to Pawel Borys, head of the Polish Development Fund (PFR).

EIB, Polish Development Fund sign cooperation deal

The European Investment Bank (EIB) and the Polish Development Fund (PFR) have signed an agreement on cooperation in areas such as environmental protection and climate change.

Tighter fiscal policy needed to curb inflation

Bringing down inflation will require time and a tighter fiscal policy, the Polish Development Fund (PFR) wrote on Tuesday in a commentary on the latest inflation statistics.

Poland faces risk of stagflation next year says state fund head

The war in Ukraine and sanctions on Russia will result in a further increase in inflation, but in 2023 the Polish economy may enter a period of stagflation, the head of the state-owned Polish Development Fund (PFR) has said.

Poland's average annual CPI likely to start falling in H2

Poland's average annual growth of prices of consumer goods and services (Consumer Price Index, CPI) is expected to stand at around 7 percent in 2022, according to the head of the Polish Development Fund (PFR).

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