The decision comes after Intel yesterday published its quarterly financial reports, which point to a net loss of $2.9 billion.
Business
South Korea begins construction of floating LNG terminal for Poland
The floating storage and regasification unit is expected to receive, store and regasify one third of Poland’s total gas demand.
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Poland ordered to pay £252m compensation to Australian firm for failed coal mine project
GreenX’s lawyers declared it a victory against Poland’s “resource nationalism”.
Kraków appeals to Polish government for introduction of tourist tax
Polish law currently does not allow for a tourist tax.
Poland sets out plan to bring deficit below EU’s 3% limit
Poland was one of seven member states placed under the EU’s excessive deficit procedure this year.
State energy firm Orlen accuses former management of criminal offences causing €1.2 billion losses
Orlen is Poland’s largest company, and also one of the biggest in Europe.
Polish firm launches potato-scented perfume
Its founder says the scent is “a tribute to the down-to-earth and rugged charm of Polish markets”.
Studio co-founded by Olga Tokarczuk to make game based on her work wins €4m grant
The firm is developing “an immersive role-playing game set in a science-fantasy world” based around one of Tokarczuk’s books.
Poland records EU’s highest house price growth for third consecutive quarter
Housing prices rose by 17.7% year-on-year in Poland in the second quarter of this year compared to an EU average of 2.9%.
The VoiCEE podcast: Poland’s booming battery industry threatened by proposed EU emission rules
Tougher EU emissions rules could hit Poland’s coal-dependent economy in particular.
Polish and Korean firms sign deal to create missile factory in Poland
The missiles are used by the K239 Chunmoo rocket artillery systems that Poland has purchased from South Korea.
Poland’s booming battery industry threatened by proposed EU emission rules
Alicja Ptak
Poland is Europe’s leading producer of lithium-ion batteries and second globally, behind only China.
Polish ruling coalition accused of cronyism in appointments to state gambling firm
News of the allegedly political appointments has been met with criticism not only from the opposition but also from within the ruling camp.
Polish government intervenes over alcohol sold in pouches resembling children’s drinks
The speaker of parliament called the product “pure evil”.
