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EU – Canada trade agreement signed

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European Union and Canada signed the Comprehensive Economic and Trade Agreement, or CETA. It will remove approximately 99 percent of customs duties in trade between the parties, most of non-tariff barriers and liberalise trade in services.   The document was signed by the Prime Minister of Canada Justin Trudeau, President of the European Council Donald Tusk, President of the European Commission Jean-Claude Juncker and the Prime Minister of Slovakia, currently holding the presidency of the Read more

Ministry of State Treasury to be dissolved

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Polish Prime Minister Beata Szydło has some big plans regarding the Ministry of State Treasury. It will cease to exist. The number of ministries will go one step down. The government, and the ministry itself, are working on suitable legal provisions, mostly touching on supervision issues.   The ministry in question is responsible for Poland’s national assets, for example business entities in which the Polish state is a majority shareholder (on the only shareholder). State Treasury comp Read more

Poles do not save money for retirement

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Eurostat data confirm what experts have been noticing for a long time: Poles are not good at saving money. In comparison with other European nations, an average Polish citizen does not have much assets saved for retirement or other purposes. The situation is worrying.   EU’s statistical office presented gross saving rate of European households, i.e. the value of gross savings divided by the value of gross disposable income. The numbers place Poland almost at the bottom of the list of mo Read more

More and more Ukrainians work in Poland. They fill the gap left behind Polish emigrants.

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The data of the Ministry of Family, Labour and Social Policy show that in each year more and more Ukrainian citizens apply for legal work in Poland. Poland is becoming more and more attractive as a job market for foreigners. During the nine months of this year, they submitted 100 thousand applications for a residence permit – this is a third more than in the same period of 2015.   Experts and employees are glad to see this trend. Immigrants are slowly filling the gap left behind the Pol Read more

Coal imports to Poland up by almost half a million ton

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From the beginning of the year till the end of August around 5.2 ton of bituminous coal arrived to Poland, mainly from Russia. As to the eight months of the previous year, coal imports increased by almost half a million ton – shows the data from the Katowice branch of Industrial Development Agency (ARP).   Coal imports to Poland was one of the topics of the parliamentary mining and energy team meeting held on Wednesday. The head of the ARP branch in Katowice, Henryk Paszcza, estimated t Read more

Poland ranked 24th in Doing Business

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The World Bank presents an annual Doing Business report on the ease of conducting business activity in 19 countries around the globe. In this year’s ranking, Poland took the 24th position, which is the country’s historical best. The first spot in the ranking was taken by New Zealand, followed by Singapore and Denmark.   The evaluated countries are ranked with respect to several categories connected with business environment. These are: Starting a Business, Dealing with Cons Read more
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