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South Korea has entered into a joint venture with Poland to produce arms and ammo that will initially be used to supply Ukraine, but will later contribute to Warsaw’s ambitions to create the largest conventional force in Europe.
Price growth is now at its lowest since May 2022 and heading toward single-digit levels by the end of the year.
It has been well over a year since the Warsaw Stock Exchange last saw an IPO.
PiS government sparks yet another conflict with EU Commission, which says it "will not hesitate to take immediate action as necessary".
The creeping escalation of the war in Ukraine reached a new phase as long-range drones hit residential buildings in Moscow, sending residents fleeing but bringing the fight that has decimated Ukraine home to them.
Opposition fears the bill could be an attempt at eliminating former premier Donald Tusk from running in this autumn’s election under trumped-up allegations.
The failure of the Nation Alliance under optimal conditions shows that 'big tent' coalitions under a single list often do not succeed in extending the opposition's reach.
The law, which still needs signing by President Andrzej Duda, will establish a commission with the power of barring individuals from holding public office for 10 years.
Czech private investment group estimated to have paid some €750mn for the stake.
“Ukraine’s victory will trigger something big – a change of regime not only in Russia, but in Belarus too.”
Democratic governance deteriorates in Emerging Europe and Central Asia, with worst declines in already authoritarian regions.
Retail sector set to enter a protracted recession, driven by inflation eating into Poles’ real incomes and the exorbitant cost of mortgage repayments due to high interest rates.
Warsaw-listed fertiliser maker Azoty suffered a PLN555mn (€122.8mn) net loss in the first quarter
Inflationary pressures are easing in the wake of the economic slowdown.
Foreign Minister Dmytro Kuleba said that a “fighter jet coalition” will be formed this year following pledges from European allies to train Ukrainian pilots, the Kyiv Independent reported on May 17.
China’s special representative visited Ukraine on May 16-17, following the diplomatic discussions between Ukrainian President Volodymyr Zelenskiy and Chinese President Xi Jinping last month.
Adjusted quarterly growth showed a huge rebound of 3.9% in the first quarter which more than compensated for the fall of 2.3% q/q in October-December.
EBRD research finds that a rapid recovery is not the norm for economies emerging from armed conflicts and few fully recover to their pre-war level of income per capita, even in the long term.
The index’s decrease since February has been largely due to the high reference base from last year and falling prices in the energy sector.