The global economic recovery continued throughout the quarter, and the OECD now expects world GDP for 2020 to contract by only 4.5%, compared with 6% in their previous forecast from June. Equity markets have done better than expected.
Europe's largest software house specialising in designing and creating digital solutions in the Python programming language plans to continue growth in markets such as the UK and the US.
Strong rebound for the sector in Q3 was followed by hike in new COVID-19 cases and tightening of containment measures.
Emergency measures including shop closures in Czech Republic as it struggles with huge surge in new cases. Healthcare services under pressure across the region.
Warsaw plans to build as many as six reactors by the early 2040s in a decisive step towards decarbonisation of the emissions-heavy energy sector.
Strong rise of Polish core inflation in September reflects regulated price effects and the impact of strong fiscal stimulus on consumption, analysts say.
The fast-rising second wave of infections is threatening to overwhelm the country’s healthcare system.
More expensive services resulted from companies transferring costs of heightened sanitary standards onto consumers, as well as an outflow of foreign workers.
Poland and Russia look set for a lengthy and arduous legal dispute, after Polish antimonopoly watchdog UOKiK last week slapped Kremlin-run gas supplier Gazprom with a $7.6bn fine for going ahead with the Nord Stream 2 pipeline without its consent
After two and half decades as members of the EU, the leading four Central European countries of Czechia, Hungary, Poland and Romania are pulling ahead of their peers, but remain vulnerable thanks to their reliance on the automotive sector.
Poland's Purchasing Managers' Index (PMI) inched up 0.2 points to 50.8 in September, but the rebound that began in July is fading.
CEE economies have weathered the crisis better than their western peers, but a second wave threatens to stifle demand and add to political volatility.
The EU’s credibility was on the line as delegates met on October 1 in Brussels for a two-day summit to discuss a slew of headaches plaguing the Union.
Central and much of Southeast Europe have seen new COVID-19 cases soar amid autumn second wave.
Tensions within ruling coalition prompted Kaczynski to take up first official government position, which is likely to shift balance within cabinet.
Poland recorded 1,326 new coronavirus cases on September 29, the third consecutive day when 1,300 cases were confirmed.
Pricing puts the offering’s valuation at PLN8.1bn, one of the biggest-ever IPOs on the Warsaw bourse.
The coronavirus pandemic has had a seismic effect on the real estate sector, and the office segment is no exception.
Poland’s last two coal mines will cease operations in 2049, according to an agreement reached by the country’s powerful mining unions and the right-wing populist government.
Warsaw has proposed that coal’s share in electricity generation will fall to 37-56% in 2030 and then to just 11-28% in 2040. Miners flatly reject the plan.