Poland

Hungary grants political asylum to fugitive former PiS minister

Wojciech Kosc in Warsaw December 20, 2024

Hungary justified its decision by raising concerns over the fairness of legal proceedings in Poland, sparking bilateral row.

Polish industrial production disappoints in November as output falls 1.5% y/y

Wojciech Kosc in Warsaw December 20, 2024

Seasonally adjusted, output expanded 1.1% y/y in November, following a gain of 3.9% y/y the preceding month, GUS data showed.

Polish producer price deflation eases further in November

bne IntelliNews December 19, 2024

The PPI has been on a declining trend, reflecting the still relatively low demand linked to sluggish Germany economy and the domestic expansion only beginning to gain sustained momentum, analysts say.

The EU Council calls for a European geothermal action plan

bne IntelliNews December 19, 2024

The energy ministers in the EU Energy Council approved the outline of a European geothermal energy action plan on December 17.

FDI in Emerging Europe hit by geopolitical uncertainty and German slowdown

Clare Nuttall in Glasgow December 18, 2024

wiiw report warns lower investment trend could continue as Central and Eastern Europe's role as a production hub for Western companies is waning.

Poland’s core inflation comes in at 4.3% y/y in November

bne IntelliNews December 17, 2024

Poland’s core inflation, an indicator that measures price growth without including food and energy, picked up its expansion rate to 4.3% y/y in November after a gain of 4.1% y/y the preceding month.

IMF: The 2004 EU enlargement was a success story built on deep reform efforts

Sebastian Weber for the IMF December 16, 2024

New accession candidates will need to undertake equally ambitious reforms to make the next expansion a comparable success.

Advanced economies have lower out-of-pocket healthcare spending

Florian Zandt for Statista December 16, 2024

According to the Global Health Expenditure Database by the World Health Organization (WHO), the global average out-of-pocket expenses related to health across 192 countries made up 30% of all health expenditures per capita in 2022.

Polish inflation rate eases to 4.7% y/y in November

bne IntelliNews December 15, 2024

The Polish consumer price index reduced its expansion rate to 4.7% year on year in November (chart) from 5% y/y in October, data from Poland’s statistical office GUS showed on December 13.

Geothermal energy poised for major global expansion, says IEA chief Fatih Birol

Ben Aris in Berlin December 15, 2024

"Geothermal energy could see transformative global growth thanks to advancements in technology and expertise from the oil and gas sector," the International Energy Agency (IEA) said in a report groundbreaking report released on December 13.

Tusk says no talks underway to send Polish troops to Ukraine once fighting stops

Wojciech Kosc in Warsaw December 12, 2024

Speculation follows comments by incoming Trump administration about European forces policing a future ceasefire.

Tusk says he will protect broadcasters TVN and Polsat from hostile takeovers

Wojciech Kosc in Warsaw December 11, 2024

Polish commercial broadcasters added to list of strategic companies after rumours of interest from millionaire close to Hungary's Orban.

Poland’s Orlen ditches largest petrochemical project in Europe

Wojciech Kosc in Warsaw December 11, 2024

Refiner's stock plunges 3.5% after it announced it will not pursue its Olefins 3 petrochemical project.

Poland's PragmaGO acquires Romanian digital factoring company Telecredit

bne IntelliNews December 10, 2024

Telecredit’s operations to be significantly expanded after takeover by private equity-backed PragmaGO.

Polish central bank may delay rate cuts to next autumn, Glapiński says

Wojciech Kosc in Warsaw December 6, 2024

Governor’s hawkish remarks represent a shift from earlier expectations that rate cuts could begin as early as mid-2025.

Czechia to open oil reserves after Russia halts Druzhba pipeline flows

Albin Sybera December 5, 2024

Russian move seen as reaction to Czech statement that it won't ask for the prolonging of its exemption from the EU ban on imports of petroleum products made from Russian oil.

European resistance clouds EU-Mercosur deal prospects at Montevideo summit

Marco Cacciati December 4, 2024

South American leaders are gathering in Montevideo this week amid growing optimism that a long-awaited trade agreement with the European Union could finally be sealed, even as resistance mounts among key European nations.

Polish energy stocks tank over fears government will ditch coal takeover strategy

Wojciech Kosc in Warsaw December 4, 2024

The previous Law and Justice government planned to spin off coal assets of PGE, Tauron and Enea to a new entity,

UN plastic pollution talks collapse as volume of waste escalates

bne IntelliNews December 4, 2024

The failure of recent global talks in Busan, South Korea, to produce a landmark treaty to combat plastic pollution, has underscored the complexities and challenges of addressing one of the planet’s most pressing environmental and climate issues.

The world has passed peak per capital CO₂ emissions, but overall emissions are still rising

Hannah Ritchie for Our World in Data December 3, 2024

The world has passed peak per capital CO₂ emissions, Our World in Data reported on December 3. However, emissions overall continue to rise.

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