According to analysts from BZ WBK, Polish GDP surprised with its strength in the first quarter of 2018. In the preliminary reading, the CSO showed economic growth of 5,1 percent year to year against 4.9 per cent for the fourth quarter of 2017.more
In 2017, the financial results of the surveyed enterprises were higher than those obtained a year earlier, and the basic economic and financial indicators improved - the Central Statistical Office in the communiqué on the financial results of business entities reported.more
Worth a billion zlotych BitBay finally decided to escape from Poland. The most popular service of this type in Europe decided to move to Malta due to numerous harassment in the country.more
The FTSE index agency Russell organized a conference on the Polish capital market yesterday in London, celebrating Poland's inclusion in the developed world. As it was explained, this decision will open Polish companies access to the largest investment funds.more
The share of Poland in total gross domestic product of the European Union was merely 3.0% in 2017, Eurostat, the statistical office of the EU, reported on Friday.more
The Times reported that the British government is analyzing the possibility of limiting the influence of US sanctions on Iran to European companies by using the EU regulation blocking the extraterritorial effect of legal instruments of third countries.more
The head of the British Foreign Ministry Boris Johnson accused Prime Minister Theresa May that she is promoting a "crazy" model of future customs relations with the EU after Brexit.more
The European Commission will use current euro prices in the legal text of its next budget when it releases its draft seven-year Multiannual Financial Framework Wednesday, a source familiar with the matter told POLITICO Brussels Playbook.more
Sainsbury's and ASDA are in advanced talks about a merge that would create a more powerful rival to UK market leader Tesco, it has been been confirmed. more
Britain would vote by a narrow margin to remain in the EU if another referendum were held next week, according to a major UK-wide survey of more than 200,000 people.more
The more money the government allocates to roads, the better - experts say, commenting to the prime minister's announcement on the creation of a fund for repair and construction of municipal roads in the amount of at least 5 bln zlotys.more
Jaguar Land Rover is to cut 1,000 jobs in the West Midlands, blaming a slump in car sales due to uncertainty over Brexit and the future of diesel vehicles.more
London is set to retain its dominance as the world's premier financial centre despite Brexit uncertainty, according to analysis of company flotations data by EY.more
Finland and Sweden will launch cooperation to promote the railway project around the Gulf of Bothnia. Finland's Minister of Transport and Communications Anne Berner discussed the matter with Sweden's Minister of Transport and Infrastructure Tomas Eneroth on Monday, 26 March 2018 in Sundsvall, Swedenmore
A new analysis by Carbon Brief has revealed that UK CO2 emissions have hit levels last seen in 1890 after emissions fell by 2.6% in 2017 driven by a 19% decline in national coal use.more
The headline numbers are nearly too good to be true: at 7.8%, GDP growth last year was comfortably the highest in Europe, and ahead even of India, which has leap-frogged China as the fastest-growing big economy in recent years.more
Foreigners bought in Poland last year goods and services with an estimated value of PLN 41.5 billion - the Central Statistical Office informed. It's a 6.2 percent value higher than a year earlier.more
The price of bread and cereals could rise by up to 30%, while milk, cheese, and eggs prices could increase by 46% if tariffs and trade costs were introduced.more
Inflation is coming down more quickly than the Bank of England expected as the impact of the post-EU referendum fall in the value of sterling washes out of the system.more
About 50 new farms are to be created across Scotland with the release of land held by public bodies. The move is part of Scottish government efforts to create ways for new farmers to get started in the industry.more
