Poland to pour millions into historic salt mine

Poland’s prime minister said on Sunday his government would pour millions in long-term funding to aid a historic salt mine in the south of the country. Prime Minister Mateusz Morawiecki said his conservative government was pledging to provide the Wieliczka Salt Mine with a long-term restoration programme, worth nearly PLN 1

Nine in 10 Polish retail staff ‘happy’ with Sunday trade limit

Nine in 10 Poles working in retail are happy with a law limiting trade on Sundays, according to the Solidarity trade union. A study by the union found that 90 percent of women and 92 percent of men in the retail sector were upbeat about legal changes introduced in March. The rules

Regional stock exchange chiefs meet in Warsaw

The heads of stock exchanges in Central and Eastern Europe have discussed the economic effects of Brexit and regional cooperation at a conference in Warsaw. The Trading CEE conference was the ninth event of its kind to be held in the Polish capital. Warsaw Stock Exchange CEO Marek Dietl told public broadcaster

Poland’s nation brand 23rd in global ranking

Poland’s nation brand value has grown 14 percent to USD 654 billion since last year, in a global annual survey carried out by consultancy firm Brand Finance, according a report. The country remains the 23rd most valuable national brand in the world, and the 7th in the European Union, Poland's PAP

Hundreds of billions in uncollected taxes in Poland 2008-2015: report

Poland lost hundreds of billions in uncollected taxes under its previous government, according a report. Losses to public coffers as a result of tax evasion and failure to close loopholes in the system from 2008 to 2015 came to at least PLN 400 billion (EUR 92.8 billion, USD 106.4 billion), a

Previous government ignored tax fraud: report

Documents left by the previous government show that the former finance minister did not deem it necessary to stamp out tax fraud, the Super Express daily has reported. The daily reported that it had seen documents, signed by high-ranking finance ministry officials under the previous government, which it claimed said that

Polish MPs greenlight employer-sponsored pension plans

Poland’s lawmakers have approved a plan to go ahead with voluntary, employer-sponsored pension programmes as a new option for citizens to save for retirement. The measure passed the lower house of parliament in a 229-197 vote with two abstentions late on Thursday, public broadcaster Polish Radio’s IAR news agency reported. Prime Minister

Poland’s Monetary Council leaves interest rates unchanged

Poland's Monetary Policy Council (RPP) left the country's interest rates unchanged on Wednesday. The reference rate will remain at 1.50 percent, the RPP said in a statement after its Wednesday meeting. This means that the National Bank of Poland's Lombard rate will stay at 2.50 percent, the deposit rate at 0.50 percent,