Poland was one of seven member states placed under the EU’s excessive deficit procedure this year.
Business
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.
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Four detained in Poland over selling of technical oils for animal consumption
Prosecutors believe Polish chickens and ducks have been given feed containing oils meant for use in the production of greases and biofuels.
Poland’s gas imports from outside EU fell 90% in second quarter after Russia cut supplies
However, the overall volume of gas supplies to Poland remained fairly stable as more arrived from within the EU and through an LNG terminal.
Polish bank forced into reconstruction and owner fined 20 million zloty
Leszek Czarnecki, formerly Poland’s richest man, showed a “reprehensible” approach to overseeing the bank he owned, says the financial authority.
Poland to share oil surplus with Germany
The decision came after Germany took control of a refinery majority owned by Russian oil giant Rosneft, something Poland had demanded.
Poland will sue European Commission if it continues to “illegally” block funds
“If there is no such money, we will go to court…Our lawyers are working on this,” says a deputy minister.
New Polish gas pipeline from Norway to reach full capacity ahead of schedule
The Baltic Pipe, due to open this week, will be able to transport up to twice as much gas as planned from Norway to Poland this year.
Poland inaugurates sea canal that will allow bypassing of Russian waters
The Vistula Spit canal was symbolically opened on the anniversary of the Soviet Union’s invasion of Poland in 1939.
Polish town bans shops from selling alcohol during night
Zakopane becomes the latest Polish town to introduce restrictions while others, including Warsaw, are considering them.
Poland to freeze electricity prices and reward households that cut use by 10%
A new package of energy measures by Poland’s government will cost an estimated 30 billion zloty (€6.35 billion).
Government announces Poland’s highest ever minimum wage rise
The minimum monthly wage will rise by 590 zloty next year to 3,600 zloty before tax.
US hands Poland offer to build nuclear reactors
Poland is soon set to choose between US, French and South Korean offers as it develops its first nuclear power plants.
New mortgage applications fall 70% in Poland following interest rate rises
The total value of new mortgages has also fallen by 73% year on year, according to data from the Credit Information Bureau (BIK).
