Portugal: Poland’s unexpected ally on rule of law?

The Capitals brings you the latest news from across Europe, through on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. Before you start reading today’s edition of the Capitals, feel free to have a look at the interview with MEP Udo Bullmann who said “EU needs open

COVID-19 recovery fund veto ‘could cause employment tragedy in Europe’

Hungary and Poland's veto of the bloc's pandemic recovery fund could cause unemployment levels to explode. According to the European Trade Union Confederation (ETUC), 40 million people have benefited from temporary unemployment schemes due to coronavirus. And this is in addition to the 20 million who are already unemployed. Luca Visentini, ETUC's general

Mateusz Morawiecki offers billions in extra aid to firms hit by pandemic

Poland’s government has pledged billions in additional help for firms hit by coronavirus curbs amid a second wave of the pandemic. Prime Minister Mateusz Morawiecki on Thursday announced another hefty stimulus package for companies affected by the COVID-19 crisis, a measure he described as Financial Shield 2.0. He said the package would

World’s deepest diving pool opens in Mszczonow

A 45.5-meter deep diving pool with artificial underwater caves and Mayan ruins, the world's deepest such structure, opened near Warsaw this weekend. The complex, named Deepspot, even includes a small wreck for scuba and free divers to explore. It has 8,000 cubic meters of water -- more than 20 times the amount

Poland’s PGNiG eyeing gas exports, extraction, storage in Ukraine: report

PGNiG

Polish energy giant PGNiG is seeking to export more gas to neighboring Ukraine, while also eyeing extraction and storage opportunities in that country, a website has reported. The energetyka24.com website cited the company’s deputy CEO Jarosław Wróbel as saying that PGNiG has been “provided with material on potential investment opportunities in

France Says EU Could Cut Hungary and Poland Out of Recovery Fund

European Union leaders could push ahead with a post-Covid recovery fund without Poland and Hungary as a last resort if they refuse to drop their veto, a French official said. France’s priority remains finding an agreement that includes the two eastern European members while protecting the rule of law, said the

Polish banking sector earned 1.31 billion euros in January-September

The Polish banking sector posted a net profit of PLN 5.92 billion (EUR 1.31 billion) in January-September 2020, a 49.3 percent decrease year on year, the National Bank of Poland (NBP) said in a Friday report. In September alone, the net profit reached PLN 269 million (EUR 59.41 million), down by

Poland’s R&D spending grows by 18.1 y/y in 2019 – statistical office

Domestic outlays on research and development in 2019 increased by 18.1 percent y/y to PLN 30.3 billion (EUR 6.56 billion), the Central Statistical Office announced on Friday. R&D expenditures constituted 1.32 percent of GDP, up from 1.21 percent in 2018. With outlays at PLN 19.0 billion (EUR 4.11 billion), industry was the

Interior Minister Mariusz Kaminski goes into quarantine

Polish Interior Minister Mariusz Kaminski has been in quarantine since October 23 following consultation with the Chief Sanitary Inspector. The Ministry of Interior and Administration (MSWiA)said in a Tuesday press release that due to direct contact with a person infected with coronavirus, the minister had gone into quarantine. "I am performing all