Household consumption set to be one of the main drivers of Poland’s economic growth in 2021.
The world’s largest global debt and equity investors are continuing to invest in renewable energy despite the pandemic, driven by the wealth of investment opportunities, the Institute for Energy Economics and Financial Analysis said.
Poland’s industrial production growth expanded 18.4% year-on-year at constant prices in June, after jumping 29.8% y/y the preceding month.
The first half was particularly strong in the mid-market and smaller-ticket segment.
June expansion extends the period of ongoing high inflationary pressure in Poland.
Poland’s government-controlled Constitutional Tribunal ruled on July 14 that the Court of Justice of the European Union (CJEU) has no authority over domestic regulations concerning the judiciary.
The European Commission is to publish legislation on July 14 that will detail the EU’s plans, dubbed “Fit for 55,” to reduce greenhouse gas emissions by 55% from 1990 levels by 2030 as part of wider reforms to European energy and climate laws.
Issuance has been impressive but in some countries green bonds are still to get off the ground, while in others there is a shortage of high-yield, local currency or 'dark green' issues.
The Vienna Institute for International Economic Studies has raised its GDP growth forecasts for 20 out of 23 countries in Central and Eastern Europe as the coronavirus (COVID-19) pandemic starts to recede.
Defining green energy and indeed green investments is not an exact science, Determining just how green each of the various energy sources are gets complicated once you start digging into the details.
Poland’s unemployment rate eased growth further in June, inching up 0.1pp y/y to 6%, the Ministry of Development, Labour and Technology said in a preliminary estimate on July 6.
Russia’s Gazprom exported record volumes of gas to Europe during the first half of the year, despite recent claims in the press that the company has been withholding supply to jack up prices.
Tusk’s return is seen as a glimmer of hope for Poland’s biggest opposition party, Civic Platform, just over two years before the next general election.
The declaration marks another building block in the attempt to create a strong radical rightwing grouping in the European Parliament.
Poland's PMI climbs to 59.4, a new historic high, from 57.2 the previous month, smashing the consensus figure of 57.
Prizes of up to PLN1mn are designed to boost vaccination numbers, which are still at only 35% of the population.
Poland's Purchasing Managers' Index (PMI) climbed 2.2 points to 59.4 in June, the new all-time high after the preceding month, the economic research company IHS Markit said on July 1.
Capital Economics analysts point to evidence of growing price pressures in eastern EU members.
Inflation is set to remain elevated throughout 2021, analysts say, but central bank is not expected to take action until at least the end of the year.
Hydro needs new investment to replace elderly infrastructure and accelerate the road to net zero, the IEA says.