Seventy-nine percent of companies in Poland plan to keep jobs, whereas 18 percent mainly small firms found difficulties with covering liabilities, according to July's study by the Polish Development Fund (PFR) and Polish Economic Institute (PIE).
Poland might benefit from a change in trade routes after the coronavirus pandemic, according to experts from the Polish Economic Institute (PIE) who believe the country might gain over USD 8 bln annually through production being moved from China.
Poland's unemployment rate is likely to rise to a level of 6.2 percent in May from 5.8 percent in April, the Polish Economic Institute (PIE) said in its recent analysis.
New research by the Polish Economic Institute (PIE) has found that despite the pandemic crisis the situation for many companies has improved since March with the government’s Anti-Crisis Shield having thrown them a much needed lifeline.
The trend of food price growth may accelerate due to the risk of drought in Poland, state economic researcher the Polish Economic Institute (PIE) said in its recent analysis.
Poland's agricultural exports may fall due to the risk of serious drought according to experts from the Polish Economic Institute (PIE) cited in Saturday's Gazeta Polska Codzinnie daily.
Poland is the largest producer of button mushrooms in Europe and one of the leaders in the world, the country sells over half of the European Union's export, the Polish Economic Institute (PIE) has said.
Polish Economic Institute analysts fear that, in a pessimistic scenario, the coronovirus epidemic will lower Poland's economic growth in 2020 by 1.3 percentage point to around 2 percent.
The length of work week in Poland is shortening, the Polish Economic Institute (PIE) has reported. In 2000, the average work week in Poland had 42 hours and, over the next 18 years, it has been reduced to about 39 and a half hours.
The global downturn that may be sparked by the spreading Chinese coronavirus could take 0.04 percent off Poland's GDP growth this year, Development Minister Jadwiga Emilewicz told the TVN24 news channel on Friday, quoting Polish Economic Institute (PIE) data.