Poland to Finally Give up Russian Gas

Posted on November 23, 2021October 11, 2023 by PZC Office

The construction of the most difficult section of the pipeline to give up Russian gas, through which Poland will receive natural gas from Norway, has been completed. The completion of the project is scheduled for the end of 2022. After the commissioning of the pipeline, Poland will finally be able to give up Russian gas. Construction of the most difficult part of the pipeline, the Baltic Sea sec Read more

The Dispute between Poland and Czechia over the Turow Mine

Posted on November 17, 2021October 11, 2023 by PZC Office

The Polish side received a proposal from the Czechs for the content of the disputed article on Turow Mine. According to Aleksander Brzózka, Spokesman for the Ministry of Climate and the Environment, they are analyzing it and will discuss it with the Czech partners. The Spokesman of the Ministry emphasized that he would not like to talk about the details of these solutions for now. "We agreed with the Czech government that at this stage of the discussion we want to talk directly and not through Read more

Poland’s Inflation to Reach 4.9 % This Year: Central Bank Prognosis

Posted on November 10, 2021October 11, 2023 by PZC Office

Poland's Inflation will increase to 4.9 percent but GDP will rise to 5.3 percent, according to the National Bank of Poland's (NBP) November forecast. According to the flash estimate, CPI in September rose to 5.8% YoY from 5.5% in August (consensus at 5.5-5.6 % YoY, ING 5.6% YoY). The strong price pressure in Poland is due to the continued high pace of fuel prices (28.6% YoY) and further increases in food prices (to 4.4% from 3.9% in August). Energy prices were 7.2% up and should accelerate furt Read more

Current Polish Consumer Confidence Index Down in October

Posted on November 03, 2021October 11, 2023 by PZC Office

According to the state-run statistics agency, its Current Consumer Confidence Index, which describes current trends in personal consumption, went down by 4.8 points in October while remaining in the negative territory of -17.8 points amid the coronavirus pandemic. Polish consumers surveyed this month were less optimistic about their spending power and financial prospects than a Read more

It will Become Easier for Foreigners to be Legalized in Poland: the Law has been Adopted

Posted on October 27, 2021October 11, 2023 by PZC Office

On October 19, the Polish Council of Ministers adopted a bill amending the Foreigners Act. The Minister of Internal Affairs and Administration wants to simplify the process of the stay of foreigners legalized in Poland. The regulations will come into force 14 days after they are published in Dziennik Ustaw. Consequently, foreigners coming to Poland for business reasons will no longer be required to apply beforehand for a special recommendation of the Read more

A structure in a Complex Fixed Asset to be Taxed According to its Market Value

Posted on October 20, 2021October 12, 2023 by PZC Office

On October 12, the Supreme Administrative Court issued a final resolution on determining the tax base for real estate tax on buildings, the value of which was included in the so-called overall fixed assets. It deals with complex fixed assets when they cover more than one building object. Settlement of this for PoN is particularly problematic because the initial value of this fixed asset (which is, in fact, the tax base) includes, apart from the value of the structure, the values of other Read more

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