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The growth rate of the quality of life in Poland is increasing. The standard of living of Poles is growing faster than that of the wealthier economies.

In the latest edition of the Boston Consulting Group report, which is prepared from 10 years, Poland reached a relatively high, 30th position out of 162 encompassed countries. This means that when it comes to quality of life, we are right behind Spain, and right before… Italy which came in at 31st. This is the first report in which the Republic of Poland succeeded in catching up with not only the south European countries struggling with crisis, but also some “Old Union� Read more

Poland issues „Pandas” as the first country in Europe. The bonds get a lot of investor interest.

Polish Ministry of Finance signed a memorandum on cooperation with the People’s Bank of China, regarding issuing of Panda bonds in the total amount of 3 billion yuan. They will be issued to the market within 3 years, thanks to which Poland will be the first country from Europe that will offer such financial product on the Chinese market. Economists are of the opinion that as the pace of opening of the Chinese banking sector and internationalization of Chinese currency – RMB - increases, issu Read more

Revolution on the LPG market

Due to the amendments sealing the fuel market, the whole industry froze in terror. LPG prices from the beginning of holidays increased by as much as 0.20 PLN per litre, and only in the recent week by 0.06 PLN. Analysts uniformly agree it is nearly certain next week prices will also rise.   Recently, the LPG industry froze in terror. All because of the amendments to the energy law passed through the Sejm and already signed by the President. The new regulations will come into force as soon Read more

The first effects of 500+: revived market, increased profits and sales in many industries

The programme of state aid for Polish families has just started but its first effects are already here: Poles buy more equipment, goods, and visit shopping centres more often.   The Family 500 plus programme is a systemic support for Polish families. According to the project, aid is available for parents and guardians of children up to 18 years old. A family with two underage children will be able to receive 500 PLN for the second and further child regardless of their income. For families Read more

Substantial revival in Polish tourism

Experts from Polish Chamber of Tourism indicate increased tourism rates both in Polish mountains and at the seaside. The boom in domestic tourism is to be reflected in the GDP figures for the third quarter. Tourism in Pieniny mountain range truly thrives.   The increase in the number of tourists is reported to be as high as 30 000, while comparing year to year the increase of the number of tourists is estimated at around 15 percent. An interesting case seems to be the gorge of Dunajec – Read more

Ministry of Development: 3.6 percent GDP growth attainable in the entire 2016

According to the Ministry of Development represented by Deputy Minister Jerzy Kwieciński, Polish economy will speed up in the second half of the year, and the main driver of growth will be public investment. According to his assessment, 3.6 percent GDP growth in the entire 2016 is attainable.   „I think real 3.6 percent is certainly achievable. You will see how the economy expands in the second half of the year” – he said, referring to the prognoses of the Ministry of Development. Read more
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