Poland

The use of the ruble in EU trade settlements reaches a record $15.2bn in March

bne IntelliNews May 17, 2024

The use of the ruble in settlements for goods and services exported by Russia to European partners was up 58.5% in March 2024 to record levels, according to data from the Central Bank of Russia.

BOFIT: The bilateral relations between China and the European Union are important but challenging

Bank of Finland Institute for Economies in Transition (BOFIT) May 17, 2024

In early May, Chinese President Xi Jinping visited Europe for the first time since 2019. The destinations of the visit were France, Hungary and Serbia. China sought to improve its relationship with Europe, but relations remain tense.

Global warming acceleration at its peak but the La Nina effect this year will reduce temperatures less than expected

Ben Aris in Berlin May 17, 2024

Global temperature is now near its peak due to El Niño aerosol decrease. How far will it fall in the coming La Niña? Less than expected.

Polish GDP growth eases to 1.3% y/y in Q1, flash estimate says

bne IntelliNews May 15, 2024

Polish GDP expanded 1.3% year on year in the first quarter, (chart) easing slightly versus a gain of 1.6% y/y in the preceding three months, seasonally adjusted data from the Central Statistical Office (GUS) showed in a flash estimate on May 15.

EBRD2024: EBRD expects Emerging Europe growth boost in 2024, but slightly lowers forecast

Clare Nuttall in Yerevan May 15, 2024

Development bank makes downward revision in latest forecasts after worse than expected Q1 figures for Central Europe.

European election results could spell further backtracking on climate policy

Newsbase May 15, 2024

Results from the European Parliament elections next month could have major implications for the EU Green Deal and other climate policy, with far-right politicians expected to win more seats.

Joining the EU has been the best reform strategy for any former Warsaw pact country

bne IntelliNews May 14, 2024

After 20 years in the EU, a comparison of Poland and Romania with Ukraine, which is waiting to join, highlights the prosperity it brings its newest members.

COMMENT: Will a rearming Poland join the EU core?

Marcin Zaborowski of Globsec May 13, 2024

Poland’s defence investment and its central position vis-à-vis Ukraine are contributing to the growth of Poland’s status in the EU.

Trees are “coughing not breathing” due to climate crisis stress, study finds

bne IntelliNews May 10, 2024

"We found that trees in warmer, drier climates are essentially coughing instead of breathing," a study by Penn State found.

April 2024 sets global moisture record

bne IntelliNews May 8, 2024

April 2024 set a global moisture record for the planet, reports climatologist Ben Noll

Energy transition more likely to be delayed with dire consequences, says WoodMac

by Roberta Harrington May 8, 2024

The world could be heading for a 3-degree C warming trajectory as political headwinds slow the energy transition, says a new report by Wood Mackenzie.

Polish judge shows up in Minsk asking for political asylum

Wojciech Kosc in Warsaw May 7, 2024

Judge Tomasz Szmydt says he is protesting against the actions of the Polish authorities that could potentially lead to military conflict with Belarus and Russia.

Von der Leyen says EU will close rule-of-law dispute with Poland

Wojciech Kosc in Warsaw May 7, 2024

The Commission will present an analysis of the state of the rule of law in Poland at a General Affairs Council meeting on May 21.

Mood in Polish manufacturing falls to six-month low

Wojciech Kosc in Warsaw May 6, 2024

Poland's Purchasing Managers' Index fell 2.1 points to 45.9 in April.

‘Accession bonus’ gave new EU members advantage over fellow emerging markets

Clare Nuttall in Glasgow May 1, 2024

EBRD research shows GDP per capita in 8 CEE countries that joined the EU in 2004 has close to doubled as a share of Germany’s GDP per capita.

Polish CPI picks up growth to 2.4% y/y in April, flash estimate shows

bne IntelliNews April 30, 2024

Polish CPI grew 2.4% year on year in April (chart), just below the consensus line of 2.5% y/y and 0.4pp above the March reading, a flash estimate from Poland’s statistical office GUS showed on April 30.

20 years after accession 'big bang' wiiw economists say CEE needs a new model to catch up with the West

Clare Nuttall in Glasgow April 30, 2024

Eastern EU members are growing much faster than the eurozone, but must focus more on innovation for a full catchup.

Central European populism bites the hand that feeds it

Robert Anderson in Prague April 30, 2024

20 years after Central European countries' accession, the region's populists present a grave threat to the EU's fundamental values.

Poland’s Tusk orders thorough probe into Orlen’s $370mn botched oil deal

Wojciech Kosc in Warsaw April 30, 2024

Orlen's PiS-appointed CEO reportedly disregarded warnings from the company's security team about head of Swiss subsidiary's alleged Hezbollah links.

COMMENT: Testing the limits – the politics of EU membership in CEE 20 years after accession

Marcus How in Vienna April 29, 2024

Apathy and lack of trust in national institutions, combined with ‘convergence fatigue’, have created favourable conditions for populist forces that have degraded the quality of institutions in many of the CEE states that joined the EU in 2004.

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