Technologists Piotr Smoleń and Daniel Wartołowski are hoping to turn the phrase ‘pay day comes early’ into reality with their new Symmetrical finance app.
Sixty-eight percent of Poles expressed a positive opinion about their financial situation, while 22 percent said their situation had worsened over the year, the KRD Economic Information Bureau said in a report.
Poland’s soaring VAT receipts, fuelled by the government’s tax collection drive and fast economic growth, are probably running out of steam, said economists in analysis disputed by the finance ministry.
Since the fall of communism, Poland has steadily been getting richer. Now the country is set to overtake Portugal in terms of GDP per capita adjusted by purchasing power parity (PPP), as a recent article in Rzeczpospolita highlights.
Poland has lashed out at the EU over plans to cut funding to countries the bloc says are "undermining the rule of law.”
The Polish economy will expand at a 4.6 percent rate in 2018 and will slow down to 3.7 percent in 2019, PAP was told by Piotr Bujak, the chief economist of the country's biggest bank PKO BP.
The value of projects handled by the Polish Investment and Trade Agency (PAIH) grew by EUR 1.6 billion from May 2017 to May 2018. In 2018, the agency has already completed 16 projects worth EUR 300 million.