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interest rate

Poland proposes housing loans with fixed 2 pct interest rate

The loan will be offered to people up to 45 years old and only for the first house or apartment. Łukasz Gągulski/PAP

The development and technology minister said on Friday that Poland wants to introduce housing loans with a fixed 2 percent interest rate for a period of 10 years, with the actual interest rate difference covered by the state.

Current interest rate level is optimal says central bank head

Poland's Monetary Policy Council (RPP), the Polish central bank's rate-setting body, believes that the current interest rate level is optimal, the central bank governor has said.

First interest-rate cut possible at end-2023 says central bank chief

The head of the National Bank of Poland (NBP) has said he hopes it will be possible make the first cut in interest rates at the end of 2023.

Central bank chief says rate-hike cycle only on hold

The head of the National Bank of Poland (NBP) has said a recent cycle of interest-rate hikes is merely on hold rather than formally at an end.

Ruling party wants household energy prices at to-date level says leader

Poland's governing Law and Justice (PiS) party will introduce measures that would allow household energy prices to remain at the present level up to 2,000 KWh, its leader, Jarosław Kaczyński, said on Tuesday at a meeting with voters in Pruszków near Warsaw.

Central bank will likely continue rate-hike cycle says governor

The National Bank of Poland's (NBP) rate-setting body is likely to continue its cycle of interest rate hikes until it makes sure inflation is going down permanently, the NBP governor has said.

Poland's central bank surprises market with 100 bps interest rate hike

The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, increased the reference interest rate by 100 basis points (bps) to 4.50 percent on Wednesday, surprising economists who expected half the increase.

Poland's central bank raises reference interest rate by 75 bps

The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, increased the reference interest rate by 75 basis points (bps) to 3.50 percent on Tuesday.

Poland's central bank raises reference interest rate by 50 bps

The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, increased the reference interest rate by 50 basis points to 2.75 percent on Tuesday.

Polish interest rates to reach 3.5 pct by July - analysts

A series of hikes by Poland's Monetary Policy Council (RPP) will boost the interest rate to 3.5 percent in July, a leading economic think-tank has predicted.

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Whilst it cannot be disputed that Warsaw paid a heavy price for the death of SS beast Franz Kutschera, it should also be remembered that public executions ceased two weeks after the action.

The first report:

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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.

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