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

Posted on September 05, 2016 by admin

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

Posted on September 01, 2016 by admin

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

Posted on August 29, 2016 by admin

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

Posted on August 25, 2016 by admin

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

Posted on August 23, 2016 by admin

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

Public car rental system soon also in Warsaw

Posted on August 22, 2016 by admin

Warsaw plans launching car rental in the formula of the so-called carsharing as soon as in the second half of 2017. Initially, there are to be from 300 to 500 cars. The expected fee for one minute of usage is 1.2 PLN and the city has already started to look for a company that could service such system. The main objective of launching carsharing is retrieving city public space, which currently in a huge extend is occupied by private cars. According to long-term prognoses, one public car Read more

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