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Planned minimum wage increase to hit small and medium businesses hard

A Family and Social Policy Ministry proposal to hike the minimum wage to 60 percent of the average salary has triggered alarm in the business sector, with one economist warning it could be “terrible” news for entrepreneurs.

Illustrative Photo credit should read CFOTO/Future Publishing via Getty Images

Big byte! EU law to help attract over €100 bln to European chip industry by 2030

The European Chips Act is on track to help attract more than €100 billion worth of private investment to the European semiconductor industry by 2030, a European Commission official said on Wednesday.

Photo Yulii Zozulia / Ukrinform/Future Publishing via Getty Images

Ukraine scores highest grain export since onset of war

Ukraine has achieved its highest grain and oilseed export figures since the start of the war, according to a report from the British Defense Ministry released on Wednesday.

Illustrative photo via John Moore/Getty Images.

EU nears trade deal with Serbia for lithium mining

The European Commissioner said that negotiations with Serbia to exploit raw materials, including lithium, are nearing completion.

Photo by: Godong/Universal Images Group via Getty Images

Germany, Czech Rep and Scandinavia Poles’ top destinations for seasonal work

Poles seeking seasonal work abroad primarily choose destinations such as Germany, the Czech Republic, Sweden, and Norway, according to a new report released on Monday.

Photo: Omar Marques/Anadolu Agency/Getty Images

Honey business significantly boosts Polish economy, expert says as World Bee Day nears

Honey production in Poland contributes 10 billion zlotys (€2.34 billion) to the country’s economy annually, the President of the Polish Beekeeping Association (PZP) told the Polish Press Agency (PAP).

Photos: Florian Gaertner/Photothek via Getty Images; John Keeble/Getty Images

Russian court orders assets of two German banks seized

A Russian court has ordered that Deutsche Bank’s and Commerzbank’s assets, accounts, property, and shares be seized in Russia as part of a lawsuit involving the German banks, court documents showed.

Russian President Vladimir Putin during a televised news conference.

Putin floats idea of building oil pipeline alongside new gas link to China

Russia could deliver both oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said on Friday.

Illustrative Photo by Artur Widak/NurPhoto via Getty Images

Passenger numbers soar as Warsaw Chopin Airport reports busiest April ever

Warsaw’s Chopin Airport served nearly 1.6 million passengers in April, smashing the record set in the pre-pandemic year of 2019.

Photo by Mateusz Wlodarczyk/NurPhoto via Getty Images

Poland to see lower petrol prices soon, says expert

Petrol prices at Polish fuel stations are set to decrease at a faster rate in the upcoming days, according to analysts at e-petrol.pl.

Illustrative Photo by Omar Marques/Anadolu via Getty Images

Nearly quarter of Polish firms seek new workers, report shows

A report by the Polish Economic Institute (PIE) has found that 12% of Polish companies have hired new employees this year, and 24% plan to do so.

STR/NurPhoto via Getty Images

Poland’s largest convenience chain opens first store abroad

Convenience store chain Żabka has launched its first shop outside of Poland with the opening of an outlet in Romania.

Illustrative Photo by Karol Serewis/SOPA Images/LightRocket via Getty Images

EU scraps non-EV car tax for Poland, minister says

Poland’s climate minister has said a preliminary agreement has been reached with Brussels about not introducing taxation on combustion engine cars in Poland.

Illustrative Photo by Dominika Zarzycka/SOPA Images/LightRocket via Getty Images

EBRD raises Poland’s growth forecast

The European Bank for Reconstruction and Development (EBRD) has improved its forecast for Poland’s economic growth this year to 2.9%.

Illustrative Photo by Danny Lawson/PA Images via Getty Images

Ryanair launches second aircraft maintenance facility in Poland

Ryanair, a budget Irish airline, has opened a second Aircraft Maintenance Service (WAMS) hangar in Poland’s southwestern city of Wrocław.

PAP/DPA

Arms manufacturer Rheinmetall records rising profit but warns that “Europe is not ready for conflict”

German arms manufacturer Rheinmetall posted a 60% leap in Q1 profits as a result of soaring defense spending triggered by the war in Ukraine.

Photo: Morteza Nikoubazl/NurPhoto via Getty Images

Polish environment ministry issues positive decision on small-scale nuclear plant

Poland’s Ministry of Climate and Environment has issued a general decision concerning the construction of a nuclear power station using Small Modular Reactor (SMR) technology.

(Photo: Costfoto/NurPhoto via Getty Images

Polish job market increasingly attractive to Asian and Latin American workers, study shows

A recent study has shown that the number of guest workers from Asia and South America in Poland has risen several-fold over the last five years.

Photo: Artur Widak/NurPhoto/Getty Images.

Poland’s Finance Minister forecasts 4-4.5% inflation by year-end

Poland’s inflation is expected to be in the range of 4.0- 4.5% at the end of 2024, the finance minister has said.

Photo by Mike Kemp/In Pictures via Getty Images

Fitch Agency confirms Poland’s ‘A-’ rating

Poland’s diverse and robust economy, strong macroeconomic structure, and stable government revenue support its economic rating.

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