The financing will be used to expand renewable energy connections and introduce smart grid technology.
Business
Poland to extend energy price freeze next year following Trump’s election victory
“The change [of president] may also mean that the competitiveness of the US economy will still increase,” says Prime Minister Donald Tusk.
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Polish mint creates world’s first “flying coin”
The coin’s denomination is 1,766 Cameroonian francs, but its real value is much higher, says Mint of Poland.
US approves $1.2 billion sale of military airships to Poland
They will allow the Polish army to monitor the skies “on a whole new level”, says a Polish deputy defence minister.
State energy giant Orlen sold assets to Saudis for billions below value, finds Polish audit office
The sale, which gave the Saudis partial control over one of Poland’s two oil refineries, “resulted in significant security risks”.
Polish firm introduces four-day working week for its 400 staff
Staff will work normal hours on the remaining four days of the week and pay will not be reduced.
Former government failed to implement EU royalty rules after Netflix meeting, say Polish filmmakers
The Polish Filmmakers Association (SFP) has asked prosecutors to investigate the case.
Poland wants “broadest possible EU sanctions” against Russia, says Tusk
Donald Tusk indicated that Poland wants an embargo on nuclear fuel and the transfer of frozen Russian assets to Ukraine.
CEO of Polish state energy giant Orlen dismissed
Daniel Obajtek oversaw a rapid expansion of Orlen but was accused of using the firm to help the former PiS government.
Poland’s economic growth slowed sharply to 0.2% in 2023
It was Poland’s lowest GDP growth since the early 1990s, apart from the pandemic-induced drop in 2020.
President refers Polish government’s budget to constitutional court due to “doubts” over legality
However, Andrzej Duda also signed the budget, meaning it will go into force in the meantime.
Poland suspends programme to attract IT specialists from eastern neighbours over visa concerns
Almost 100,000 visas have been issued under the “Poland. Business Harbour” programme, with almost 95% going to Belarusians.
Court accepts government’s move to put Polish Press Agency into liquidation
The court official came to the opposite conclusion of two others from the same court who last week rejected moves to put TVP and Polskie Radio into liquidation.
Poland records EU’s second-highest annual rise in house prices
Its quarterly growth was the highest in the EU, after the introduction of a mortgage subsidy scheme for first-time buyers stimulated demand.
