The 50-basis-point cut to 5.25% was in line with market expectations.
Business
Polish president vetoes government’s reduction in health contributions by business owners
The ruling coalition has criticised the decision and argued it emphasises the importance of electing a more government-friendly president.
We can only do this thanks to your support!
We are an independent, nonprofit media outlet, funded through the support of our readers.
If you appreciate the work we do, please consider helping us to continue and expand it.
Polish constitutional court rules government’s measures to take over public media unconstitutional
The government responded by declaring the court’s ruling to have “no legal significance”.
Experts concerned by new government’s decision to review nuclear plant location
Officials have emphasised that no decision on changing the location has been made.
Truckers suspend blockade of Ukraine border after agreement with Polish government
The protests have been suspended until 1 March while truckers give the government time to implement the agreement.
New Polish government orders PiS-linked priest’s college to return state funds
It made the decision because the programme of studies covered by the grant requires students to provide a letter from their parish priest.
Poland’s biggest chocolate maker Mondelez to invest $1m in solar power at factories
One of the firm’s solar installations will be its largest in Europe.
State firm behind Poland’s planned “mega-airport” donates 400,000 zloty to local church
The official appointed by the new government to oversee the project has criticised the donation.
Mortgage applications in Poland hit record high in December as subsidy system comes to an end
The total value of mortgage applications in Poland rose by 421% year-on-year in December to a record high of over 10 billion zloty.
Historic Fiat car factory in Poland to close after 75 years
The factory produced the iconic Fiat 126p, dubbed “Maluch”.
Polish region gives 2 million zloty for traditional sheep grazing
The authorities aim to preserve biodiversity, landscapes, local traditions and the source of the area’s famous sheep milk cheese.
Polish conservatives boycott IKEA after advertising pulled from TV station over anti-immigrant remarks
“We won’t buy anything from you anymore,” wrote a politician from the opposition PiS party.
Poland produced record wind energy at Christmas but grid struggled to cope
The grid operator had to order operators to turn off some wind turbines and transfer power to other countries under an emergency procedure.
Polish government puts public media into liquidation amid dispute with president
The unprecedented decision will further complicate an already complex and contested legal situation.
