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"I must have been inspired" Joseph Conrad
deposits

Kaczyński says banks must make deposits more attractive

"I don't want to make decisions for the bankers, but it must be a meaningful interest, not at the inflation level, but for the people to feel that their money is losing much less when it is deposited with a bank," Kaczyński said. Artur Reszko/PAP

Banks may face an additional tax on their profits if they fail to raise interest rates on deposits amid high inflation, said Jarosław Kaczyński, leader of Poland's ruling party Law and Justice (PiS).

Poland's gas firm buys stake in Norwegian gas deposit

PGNiG Upstream Norway, a subsidiary of state-owned Polish Oil and Gas Company (PGNiG), has purchased a 40 percent stake in the Oern gas deposit in the Norwegian Sea from Wellesley Petroleum, PGNiG said in a statement on Friday.

Polish gas giant PGNiG discovers light oil in Norwegian Sea

PGNiG Upstream Norway, a subsidiary of Polish Oil and Gas Company (PGNiG), has discovered a 19-63-million-barrel crude oil deposit at the Egyptian Vulture exploration well in the Norwegian Sea, the company said in a Tuesday press release.

December's M3 money supply up - central bank

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.

Top 5 articles:

  • Over 100,000 slaughtered with axes, pitchforks, scythes and knives: The Wołyń massacre started 76 years ago today and lasted for two years
  • The systematic massacre of all children under 10 will forever be a stain on humanity, says TFN’s Stuart Dowell
  • Mayor offers reward to first couple to have a boy in village where only girls are born
  • It’s official! Kraków is the best place in Europe for food, says European Academy of Gastronomy
  • Poland in COVID-19 LOCKDOWN! PM orders bars, restaurants, shopping centres and borders closed - and cancels ALL flights
Culture | Life

Jerzy Skolimowski's ‘emotional’ road movie about a melancholic donkey is nominated for 2023 Oscars

Chosen alongside All Quiet on the Western Front, Santiago Mitre's Argentina 1985, and the Banshees of Inisherin, Skolimowski’s film is billed as a dark exploration of humanity, technology and nature.

The first report:

  • Polish PM tells French TV West should be bolder in supporting Ukraine
  • Biden may visit Poland according to US media reports
  • Polish armed forces recruit over 16,000 in 2022
  • EC approves Polish aid programme for tourist sector
  • Working from home saves Polish employees around 54 mins a day

Exclusive

Rzeszów scientists develop phone battery that charges in eight minutes and lasts 68 YEARS!

Produced by The Batteries, the new technology has already been dubbed “a game changer” by the industry press, with the firm hoping to begin large-scale production once work on their “pilot factory” is finished.

The Debrief
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