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    Photo: PAP/Grzegorz Michałowski
    Hirsch on the Economy: Mixed signals for Poland’s economy
    Poland’s annual inflation rate eased to 4.6% in November, down from 5% in October. However, the monthly pace of price increases accelerated, with prices rising 0.4% compared to October’s 0.3%. This uptick marks the fastest monthly growth since July, when changes to electricity price caps spiked energy costs.
    Business
    Photo by: Slawek Staszczuk/Loop Images/Universal Images Group via Getty Images
    Moody’s downgrades Hungary’s outlook over EU funding risk
    U.S. ratings agency Moody’s has changed Hungary’s outlook from ‘stable’ to ‘negative’ over fears that a rift with the EU may cause it to lose “substantial” funding.
    Business
    The 200-meter-tall Warsaw UNIT skyscraper, in the middle, was sold for €280 million. Photo via warsawunit.com
    Warsaw skyscraper becomes Europe’s biggest real estate deal of 2024
    Developer Ghelamco has signed an agreement with investment firm Eastnine.
    Business
    Private investors will receive their money back within the next seven days. Photo: X/
    Croatian food retailer withdraws its €184 mln IPO on Warsaw Stock Exchange
    The Croatian food retailer Studenac has decided to cancel its plans for an initial public offering (IPO) on the Warsaw and Zagreb stock exchanges due to concerns about the state of capital markets, the company said in a press release on Wednesday.
    Business
    Photo by Dominika Zarzycka/NurPhoto via Getty Images
    Poland’s parliament passes €1.3 bln bill capping energy prices
    The Polish parliament has passed a bill designed to extend a cap on wholesale energy prices for households until the end of September 2025.
    Business
    Photo by Klaudia Radecka/NurPhoto via Getty Images
    Poland to make Christmas Eve a public holiday and adds extra shopping Sunday
    In a move that will bring festive cheer to many, Poland’s parliament has voted to make Christmas Eve a public holiday starting in 2025.
    Business
    Photo: Thewitcher.com
    The Witcher 4 enters full-scale production, Poland’s CD Projekt confirms
    Polish top game developer CD Projekt has begun ‘full-scale production’ on the latest installment of its hit game The Witcher.
    Business
    Photo by Adrien Fillon/NurPhoto via Getty Images
    Over half of Czech employees fear losing their job in 2025, survey finds
    More than half of employees in the Czech Republic fear losing their jobs next year, despite the country having the lowest unemployment rate in the EU.
    Business
    Illustrative photo: Staff Sgt. Daniel Love via Wikimedia Commons
    Poland to boost production of industrial explosives
    Poland’s state-owned Industrial Development Agency (ARP) and explosives manufacturer Nitroerg have signed a letter of intent to rapidly increase domestic production of industrial explosives.
    Business
    Photo Illustration by Karol Serewis/SOPA Images/LightRocket via Getty Images
    Hirsch on the Economy: Savings surge, construction declines, and policy shifts
    The Polish economy faces a growing challenge as household consumption, a key driver of growth, continues to slow. Recent data from the Central Statistical Office (GUS) reveals a sharp increase in saving rates among Polish households, hitting record levels.
    Business
    Aerial view of Silicon Valley.
    Polish startup secures €29 million from Silicon Valley to simplify AI development
    Polish startup Wordware has raised €28.8 million from top Silicon Valley investors to fund its no-code AI development platform, which aims to democratize AI creation.
    Business
    Over the first ten months of 2024, 132,900 new housing units were launched, a 44% increase compared to the same period in 2023. Illustrative image. Photo: Omar Marques/Anadolu via Getty Images
    Poland sees surge in housing construction
    Poland’s housing market is booming, with nearly 16,000 new units breaking ground in October and over 843,000 currently under construction, government data shows.
    Business
    Poland’s deputy infrastructure minister said that offshore wind farms were in Poland’s national interest. Illustrative image. Photo: Manuel Romano/NurPhoto via Getty Images
    Poland to designate new areas for offshore wind farms, official says
    Poland is planning to assign new areas for offshore wind farms in the Baltic Sea and is drafting additional measures to bolster the security of its critical energy infrastructure, government officials said on Wednesday.
    Business
    Illustration by Tobias Roetsch/Future Publishing via Getty Images
    Polish firm partners with European Space Agency to monitor space weather
    A Polish aerospace company has signed a contract with the European Space Agency to lead a 2028 satellite mission to monitor space weather.
    Business
    Poland's Finance Minister says the planned reform of national health contributions for entrepreneurs will not affect the
    Hirsch on the Economy: Central Europe not out of the woods yet
    Central Europe faces broader economic struggles, with growth faltering across the region and Germany’s industrial woes compounding the slowdown.
    Business
    Description: Customers can drop parcels at InPost lockers in Poland and pick them up abroad. Photo: Joe Raedle/Getty Images, Jakub Porzycki/NurPhoto via Getty Images
    Polish courier company launches budget-friendly baggage check-in alternative across Europe
    Polish package locker tycoon, InPost, has launched an international shipping service to six Western European countries, offering a low-cost alternative to airline baggage fees.
    Business
    (Photo by: Eye Ubiquitous/Universal Images Group via Getty Images
    Poland heading for third-highest GDP growth in EU next year
    Poland’s economic growth is projected to be the third-highest in the European Union next year, driven by strong domestic consumption and public investment, according to the European Commission’s Autumn 2024 Economic Forecast.
    Business
    Meta is accused of unfairly tying its ‘Marketplace’ feature to its social media service.
    Meta fined almost €800 mln by EU over Facebook antitrust breaches
    Facebook parent company Meta has been fined almost €800 million by the European Commission for allegedly breaching antitrust regulations to benefit its online Marketplace service.
    Business
    Photo illustration by Jakub Porzycki/NurPhoto via Getty Images
    Amid inflation, €23-a-month 'survival diet' would leave Poles with rumbling stomachs
    Nine years ago, a quirky online guide to surviving in Poland on a diet costing just 100 złoty (€23) per month went viral.
    Business
    The Russian-owned arena has been unused since March 2022 as a result of EU sanctions imposed on Russia after it attacked Ukraine. Photo: WikiCommons/Roopeank
    Helsinki to launch forced takeover of sports arena from Russian owners
    The city of Helsinki will initiate a forced takeover of the Finnish capital's largest sports and events arena from its sanctions-hit Russian owners, the city's executive governing board said.
    Business
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    Polish scientists to create ‘world’s first’ forestry robot

    Nature & Travel
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    20 years on, legacy of Polish-born Pope John Paul II endures

    Society
    Photo by Beata Zawrzel/NurPhoto via Getty Images

    Hirsch on the Economy: Eastern Europe’s wage growth outpaces the West, but gaps remain

    Business
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    3,000-year-old ornate dagger found on Poland’s Baltic coast

    History
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    Turkish protesters rally in Warsaw against Istanbul mayor’s arrest

    Politics
    The rotation of the palace was one of the most remarkable feats of engineering seen during Poland's PRL era. Photo: Afa Pixx/Mirosław Stankiewicz

    ‘A remarkable feat of Polish engineering’: remembering the rotation of Warsaw’s Lubomirski Palace

    History
    Péter Magyar (left), Viktor Orbán (right). Photos: Janos Kummer/Getty Images,

    Hungary's opposition leader accuses PM Orbán of inciting ‘civil war’ after attack on activists

    Politics
    Photo: Private archive

    Aleksander Doba: the man who conquered oceans and dreams

    Nature & Travel
    Photo: Artur Królikowski via Muszyna w Necie Facebook

    Gates to the Underworld: the secrets of Poland’s mysterious mofettas

    Nature & Travel
    Photo: TVP World

    Poland shouldn’t trust US or French nuclear guarantees, says expert

    Politics