Ukrainian refugees in Poland to lift economy but will not cure demographic woes

Wojciech Kosc in Warsaw May 30, 2022

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.

bneGREEN: Is coal killing us all?

Richard Lockhart in Edinburgh May 27, 2022

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.

Poland passes key change to release EU funds held up in rule of law spat

Wojciech Kosc in Warsaw May 27, 2022

Parliament approves proposal by President Andrzej Duda that dismantles the Disciplinary Chamber of the Supreme Court.

Poland terminates Yamal pipeline agreement ahead of schedule

Jennifer DeLay May 24, 2022

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 double y/y expansion rate in April

Wojciech Kosc in Warsaw May 23, 2022

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.

CEE companies weather the COVID-19 crisis

Robert Anderson in Prague May 23, 2022

Prompt and decisive government intervention, financial lifelines and firms’ involvement in global value chains have helped minimise insolvencies, says EIB/EBRD report.

Polish industrial production eases growth in April

Wojciech Kosc in Warsaw May 23, 2022

Industrial output expanded 13% y/y in constant prices in April, after growing 17.3% y/y the preceding month.

Poland expected to avoid hard landing

Wojciech Kosc in Warsaw May 23, 2022

Rampant inflation has already eaten into household incomes, while more expensive credit will tighten wallets. The question is how deep the slowdown will be.

bneGREEN: Fossil fuel closures needed to stand any chance of meeting 1.5°C target

bne IntelliNews May 20, 2022

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.

bneGREEN: More proof that climate change threatens lives and causes economic damage

Richard Lockhart in Edinburgh May 20, 2022

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.

Poland and European Commission strike rule of law deal to unlock billions from pandemic recovery fund

Wojciech Kosc in Warsaw May 18, 2022

Brussels will assess the real value of the pledged changes before deciding ultimately on unlocking funds that could total €4bn this year.

Poland’s GDP expands 9.1% y/y in Q1, brightening outlook for the year

Wojciech Kosc in Warsaw May 18, 2022

Full-year economic growth forecast at around 5% despite Ukraine-driven slowdown.

Polish core inflation accelerates to 7.7% y/y in April

Wojciech Kosc in Warsaw May 17, 2022

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.

Nordic Nato accession set to reinforce Baltic states' security

Linas Jegelevicius in Vilnius May 16, 2022

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.