Poland’s manufacturing sector contracted at a faster pace in September, data from a survey by Markit Economics showed Monday. Continue reading
POLAND’S entry into the euro is imminent—in theory. With relatively healthy public finances, it should easily qualify. The economy is slowing but it is still the fastest-growing among big EU countries. Germany wants Poland in, at one time even talking of it joining in 2015. Yet Donald Tusk’s Civic Platform-led government has an opaque public line, promising only to join when the conditions are right. Continue reading
Stung by the end of an economic miracle which let him sell Poland as a green island of growth in a barren continent, Prime Minister Donald Tusk is under increasing pressure to give a little ground on his tough line on budgets.
A stream of indicators show the only country in Europe to avoid recession throughout four years of financial turmoil is finally succumbing, helped by the end of the huge cash injections for the Euro 2012 football tournament. Continue reading
This week’s collapse of a gold-derivatives business that Polish regulators say was a Ponzi scheme has hit tens of thousands of customers, shaken confidence in the effectiveness of the nation’s financial regulation, and is roiling national politics in the European Union’s largest emerging economy. Continue reading
One of the things that always surprises me about conservative foreign policy commentary is the extent to which a country’s security relationship with the United States is used as a proxy for all of its other economic and social policies. Continue reading
Republican presidential challenger Mitt Romney hailed Poland’s economy Tuesday as something akin to a Republican dream: a place of small government, individual empowerment and free enterprise. Continue reading
Poland’s retail sales and unemployment data proved weaker than expected in June, pointing to a further deterioration of economic fundamentals and reinforcing market expectations that the central bank could soon consider cutting interest rates. Continue reading
Government statistics show that Poland’s jobless rate shrank to 12.4 percent at the end of June compared to 12.6 percent the month before. Continue reading
The Polish economy likely slowed in the second quarter to about 3% annually from 3.5% in the first three months of the year, and faces a slowdown next year amid the euro’s crisis, Polish officials said Wednesday. Continue reading
POZNAN, Poland — To understand how Poland outpaced its peers to become a glimmer of hope on a Continent consumed with gloom, it helps to drive to this city on what was once the rutted, potholed road between Berlin and Warsaw.
A smooth freeway, completed just last month, is still so new that many rest-stop gas stations along the way are merely shells without finished access roads. Continue reading