Poland has long struggled with a huge undersupply of labour, but while the influx of 1.5mn Ukrainians will meet the needs of sectors, the impact will be uneven.
Ending coal-fired power generation could prevent 14.5mn premature death from air pollution between now and 2050 and would create up to $16.3 trillion in economic benefits.
Parliament approves proposal by President Andrzej Duda that dismantles the Disciplinary Chamber of the Supreme Court.
Poland’s Climate and Environment Minister Anna Moskwa announced on May 23 that her country was terminating its inter-governmental agreement (IGA) with Russia on natural gas deliveries via the Yamal-Europe pipeline.
Polish retail sales grew 19% y/y at constant prices in April, the growth rate nearly doubling versus a gain of 9.6% y/y the preceding month.
Prompt and decisive government intervention, financial lifelines and firms’ involvement in global value chains have helped minimise insolvencies, says EIB/EBRD report.
Industrial output expanded 13% y/y in constant prices in April, after growing 17.3% y/y the preceding month.
Rampant inflation has already eaten into household incomes, while more expensive credit will tighten wallets. The question is how deep the slowdown will be.
Ending new oil, gas and coal developments is not enough to reach net zero by 2050, according to new research. Instead, already built fossil fuel projects must be decommissioned early if climate change is to be limited to 1.5°C.
Human activity has caused irrevocable damage to the climate, causing hundreds of billions of dollars of economic damage and threatening water and food supplies to millions of people.
Brussels will assess the real value of the pledged changes before deciding ultimately on unlocking funds that could total €4bn this year.
Full-year economic growth forecast at around 5% despite Ukraine-driven slowdown.
With double-digit headline inflation and accelerating core inflation readings, the National Bank of Poland is expected to keep on tightening monetary policy in the months to come.
The accession of Finland and Sweden to Nato will transform the picture in the Baltic region but more military deployments are still needed, argue Baltic experts.