PKO BP: CPI and core inflation to maintain current levels until end …
6 days ago · PKO Bank analysts predict that both CPI and core inflation will remain at current levels through the end of 2024. They expect inflation to return to the National Bank of Poland's target range (1.5-3.5%) only in the second half of 2025. In September, Poland's inflation rose 4.9% y/y, with goods increasing by 4.2% and services by 6.8%.
Polish banks face funding challenges
5 days ago · Polish banks face funding challenges. Source: Shutterstock. Poland’s banking sector is now more dependent on external capital than at any time in the past 25 years, according to Marek Lusztyn, vice-president of mBank. New regulatory requirements, such as the long-term financing ratio (WFD) and the MREL obligations, have heightened this reliance.
WBJ | Warsaw Business Journal
Business. Net Income for Banks Increases by 54.5%. 18 hours ago. PZU’s 2016-24 audit reveals losses exceeding PLN 700 million. 18 hours ago.
JLL experts analyze Q3 2024 residential market trends
6 days ago · JLL's Q3 2024 forecast for Poland's residential market proved accurate, with a 6.9% q/q decline in new flat sales across major cities. Around 9,200 units were sold, with Warsaw remaining stable, Kraków seeing a slight increase, and other cities like Wrocław, Tri-City, Poznań, and Łódź experiencing sales drops, the latter two seeing the ...
Min of Interior and Admin released nearly PLN 950 mln to flood …
Oct 14, 2024 · Source: Pexels. The Ministry of Internal Affairs and Administration (MSWiA) has allocated nearly PLN 950 million in aid for flood victims, announced Minister Tomasz Siemoniak. This funding will support various forms of assistance, including allowances for 62,000 families, resources for entrepreneurs, and funds for cleanup efforts.
ING economist: cheap labor not enough for Poland to catch up
6 days ago · ING economist: cheap labor not enough for Poland to catch up. Source: Pexels. Rafał Benecki, chief economist at ING Bank Śląski, emphasizes that Poland's economic model, successful for the past 20 years, must change to match Western Europe. Poland's advantage of low labor costs has diminished, and demographic trends are unfavorable.
Problems arising with FA-50 fighter contract between Polish and …
Oct 14, 2024 · Poland's purchase of 48 FA-50 jets from South Korea faces delays and complications, especially with the "Polonized" FA-50PL version. The issues center around equipping these jets with weapons and advanced avionics, including potential challenges in securing U.S. approval for integrating specific armaments like AIM-120 AMRAAM missiles.
WBJ | Warsaw Business Journal
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WBJ | Warsaw Business Journal
Ambassadors’ Corner (December2021 8) Jürg Burri, a Swiss Ambassador, tells WBJ about the 2022 growth forecast, popularity of e-vehicles, and electricity generation in his country
Poland’s warehouse market surges
Sep 13, 2024 · Poland’s warehouse market surges. Poland's industrial and logistics market saw a record 1.76 million sq m leased in Q2 2024, positioning the country among Europe's top performers. A significant 56% of transactions involved large-scale leases, with gross demand reaching 2.7 million sq m in the first half of 2024, a 23% year-on-year increase.