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Polish Financial Institutions Warn Against Bitcoin

Posted on December 15, 2017October 23, 2023 by admin

While bitcoin prices skyrocketed on markets on financial institutions, the National Bank of Poland (NBP) together with the Financial Supervision Authority (KNF) issued a press release warning Polish people about the risks involved in investing in cryptocurrencies. The financial institutions clearly state that bitcoin, ether, litecoin and similar creations are not legal tenders and should not be regarded as currencies. Contrary to what some may believe, cryptocurrencies do not constitute digital Read more

Poland Attractive for Foreign Investors

Posted on December 13, 2017October 23, 2023 by admin

Mateusz Morawiecki, Deputy Prime Minister, and Minister of Finance, intensively seeks more foreign investors to promote the good image of the Polish market. He is particularly interested in new investors from abroad. He personally promotes business activity in Poland during meetings with directors of Commerce Chambers and gives interviews in foreign media, his visits in the USA and London revolve around this. Jakob Christensen, chief economist of Read more

Mateusz Morawiecki Is The New Prime Minister of Poland

Posted on December 11, 2017October 23, 2023 by admin

The President of Poland, Andrzej Duda, appointed a new government led by a new Prime Minister of Poland Mateusz Morawiecki. Former Deputy Prime Minister will now stand in charge of the government in place of Beata Szydło who resigned from the position last week. Surprisingly, all cabinet members stayed the same, while the former Prime Minister of Poland was offered and accepted the role of a Deputy Prime Minister responsible for social issues. Personal shifts in the government are expected in J Read more

Capacity Market Bill Passed Through Sejm

Posted on December 08, 2017October 23, 2023 by admin

The lower chamber of the Polish parliament or Sejm has recently passed a bill that is of significant importance to the energy industry in the country and will shape the condition of the sector for the years to come. Lawmakers decided to introduce a capacity market to secure future deliveries of electric energy to private and business consumers. Power enterprises will receive payments for maintaining backup capacity as well as providing electric energy. This is to ensure a stable electric power s Read more

The Council of Ministers Adopted the Constitution for Business

Posted on December 06, 2017October 23, 2023 by admin

It is a package of five drafts of bills from The Council of Ministers regarding amendments to commercial law: Entrepreneurs’ Law, act on the Spokesperson for Small and Medium Enterprises, Act on Central Register and Information on Commercial Activity and Information Point for the Entrepreneur, act on the rules of participation of foreign entrepreneurs and other foreign persons in Read more

National Court Register Fully Electronic

Posted on December 04, 2017October 23, 2023 by admin

Three years from now, business owners will be able to contact the National Court Register on all matters over the Internet. This is the aim of the upcoming amendments to the act on the National Court Register prepared by the Ministry of Justice. The change, called “revolutionary” by ministry officials, is to mark the start of a new era in the relations between companies and register courts. Finally, paper documents are going to become a thing of the past. National Court Register (Read more

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