Polish families to receive PLN 500 summer voucher

Poland's lower house of parliament, the Sejm, approved legislation late on Friday granting a PLN 500 tourist voucher for each child. Warsaw, 19.06.2020. Polish MPs at the lower house of parliament, the Sejm, which approved a tourist voucher bill.Photo: PAP/Mateusz Marek The measure's aim is to support Polish families and boost the domestic

PKP Cargo plans to establish a permanent connection with China

Polish rail freight carrier PKP Cargo is planning to launch a permanent intermodal connection with China soon, in response to the interest of Polish producers in exporting food in containers, PKP Cargo has said in a press release. The strategy of the PKP Cargo Group assumes the development of intermodal transport,

Funds worth 100 million Euros seek to invest in Polish real estate

Poland’s property market has witnessed a phenomenal boom ever since the Central and Eastern European economic powerhouse joined the European Union in 2004. And the market is still growing. The total value of transactions amounted to €7.8 billion in 2019 as compared to €7.2 billion in 2018, according to an

Foreign investors with reduced share in Polish bonds by PLN 12.9bn in IV

In April, foreign investors reduced their share in Polish bonds by PLN 12.9 billion to PLN 139.6 billion, the Ministry of Finance said in a statement. The resort informed that the debt in domestic TS increased by PLN 64.3 billion in April to the level of PLN 766.9 billion. "What contributed

EC offers 63.8 billion euros to help Poland in economic recovery

The European Commission (EC) proposed EUR 63.8 billion in grants and loans from a new instrument to help Poland rebuild its economy in the wake of the coronavirus pandemic, the Polish Press Agency (PAP) reported on Wednesday citing its EU source. The highest amount of EU non-returnable grants after Italy, Spain

Warsaw real estate market is actively gaining momentum

According to JLL, commercial real estate agency, investor activity in the first quarter of 2020 maintained at an extremely high level as a continuation of the record-breaking last year. All sectors total investment volume reached almost €1.8 billion, the second highest level ever recorded over the first three months of

20% of Poles shop online for the first time during a pandemic

20 percent of Poles made their first online purchases during a pandemic. Over 55 percent intends to limit visits to shopping centers fearing for safety, according to a consumer survey conducted by Accenture and Fashion Business for the fashion, beauty and electronics category at the turn of April and May. The

Food prices in Poland could rise faster due to extreme weather – report

The trend of food price growth may accelerate due to the risk of drought in Poland, state economic researcher the Polish Economic Institute (PIE) said in its recent analysis. For almost a year, food prices in Poland have been rising faster than in previous years, and extreme weather conditions may aggravate