Poland
Scandal surrounding Hungarian central bank’s investments spreads to Polish developer GTC
Hungary's central bank-linked foundations are facing renewed scrutiny over their investment practices after a scathing report from the State Audit Office triggered a sell-off in assets linked to their portfolio.
Polish retail sales disappoint in February
Polish retail sales fell 0.5% year on year in constant prices in February, defying the consensus, which expected a 3.2% annual increase.
COMMENT: Is the EU going to fall apart?
Is the EU about to break apart under the stress of taking over the full weight of supporting Ukraine, the need to rearm and the hundreds of billions that must be invested if it is to become competitive again?
Polish industrial production fall 2% y/y in February
Poland’s industrial production contracted 2% year on year at constant prices in February (chart), after a revised fall of 0.9% y/y the preceding month, unadjusted data from the statistical office GUS showed.
Polish PPI deflation deepens slightly in February
Poland's producer price index fell 1.3% year on year in February (chart), following a revised fall of 1% y/y in January, the country’s statistics office GUS said.
Wild boars unearth World War 2 mortar shells in Polish forest
A group of wild boars dug up 21 unexploded mortar shells from World War 2 in a forest near the village of Bięcino in northern Poland, local police in Słupsk said on 17 March.
Lithuania links Russian intelligence to arson attacks in Vilnius and Warsaw
Lithuanian prosecutors have accused Russian military intelligence of orchestrating an arson attack on an IKEA store in Vilnius in May, the Prosecutor General's Office said on 17 March.
Polish core inflation rate eases to 3.6% y/y in February
Poland’s core inflation, an indicator that measures price growth without including prices of food and energy, eased growth to 3.6% y/y in February after a gain of 3.7% y/y the preceding month.
EU to soften gas storage rules to avoid price spikes
EU member states are considering softening the bloc’s binding gas storage targets in order to avoid sending gas prices soaring again ahead of what is anticipated to be a difficult year.
Polish inflation rate eases to 4.9%, raising hopes for faster decline to central bank target
Poland’s consumer price index grew 4.9% year on year in February, the same expansion rate as the heavily revised – due to the annual changes in the inflation basket – gain of 4.9% y/y the preceding month.
Tusk hails Erdogan meeting as “historic breakthrough” as Poland, Turkey commit to joint defence, arms production work
"Our cooperation as two strong Nato partners has taken on a new significance today," he says.
Poland’s Tusk backs Turkey for Ukraine peace process role on Ankara visit
Trip also provides support to president Erdogan as he bids to make Turkish armed forces and defence industry prominent in Europe's plan to rearm and strengthen security architecture.
OPINION: CEE infrastructure to take centre stage as Ukraine post-war reconstruction looms
The war in Ukraine appears to be drawing to a close and Central and Eastern Europe's infrastructure capabilities – or lack thereof – will soon be thrust into the global spotlight.
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Polish Prime Minister Tusk urges restraint after Sikorski-Musk clash turns ugly on X
Poland’s ministers should choose their words carefully when engaging with foreign figures online, Prime Minister Donald Tusk said, following a heated social media spat between Foreign Minister Radosław Sikorski and Elon Musk, Trump's advisor.
Briefings reveal Nato chief called on EU and Turkey to improve relations amid pressing security concerns
Mark Rutte said to have privately urged bloc leaders to step up engagement with Turkish leader Erdogan. Ankara keen for role in beefed up European defence format.
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Poland’s Tusk outlines push for nuclear weapons, plans to expand army to 500,000
Poland will strive to enlarge its armed forces to 500,000 servicemen and work to obtain nuclear weapons, Prime Minister Donald Tusk said in an address to the Polish parliament.
Turkey backs call for Ukraine War air, sea truce
Poland’s Donald Tusk, meanwhile, speaks of diplomatic offensive to find new security format in Europe that would include involving Turkish forces in a closer role.
EU countries weigh costs of planned military buildup
What we know so far about EU member states’ plans to hike defence spending in face of "existential challenge" from Russia, and how this will be financed.
EU leaders back defence spending boost, pledge support for Ukraine
EU leaders unanimously agree to ramp up defence spending at emergency summit, but Hungary refuses to endorse statement on support for Ukraine.
EU Council president says leaders “here to take decisions” as he arrives at Brussels summit
EU leaders to discuss support for Ukraine and strengthening of Europe’s defence capabilities in response to the sudden change in the geopolitical situation.