The informal economy is believed to amount to hundreds of billions of zloty per year, with estimates of its size ranging from 9% to 30% of GDP.
Business
Tusk declares end of “naive globalisation” and calls for “rebuilding of national economy”
Poland must ensure local firms can compete with global giants, said Tusk.
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Poland seeks to boost housing by turning vacant malls and offices into apartments
The pandemic has increased empty office and retail space while Poland has a large housing deficit, notes the development ministry.
Polish state energy firms sell stakes in coal mine operator to treasury for one zloty each
The deal is another step in Poland’s plans to move state-owned coal assets to a separate entity.
Ukrainian refugees well qualified and half want to work, finds Polish central bank report
But the language barrier is an issue, with only 5% of Ukrainian refugees declaring that they speak good Polish.
Energy companies must shoulder most of rising costs to protect Polish families, says PM
“The most important thing is that Polish families suffer as little as possible in this crisis.”
Half a million mortgage holders suspend payments in first two days of Poland’s new “credit holiday” law
The prime minister warned that any attempts to obstruct access to the programme by banks will be penalised.
Firm behind Poland’s planned mega-airport signs €1.5 billion deal for design work
“This is currently the largest framework agreement in Europe for this type of work,” says the company.
Poland and Spain to strengthen defence, energy and transport cooperation after Warsaw talks
“I wish I had the kind of understanding within the EU as a whole that I see on the Spanish side,” said Mateusz Morawiecki.
Panic buying leads to sugar shortage in Polish supermarkets
Some supermarkets in Poland have begun to ration sales of sugar after a rush of purchases by consumers fearing shortages and price rises.
Poland’s first gas tankers to enter service next year
Polish state gas company PGNiG has ordered eight liquefied natural gas (LNG) carriers, which it will charter.
Unemployment in Poland lowest since 1990
Unemployment fell to 4.9% in Poland last month, dropping below 5% for the first time since 1990.
Poland to buy fighter planes, howitzers and tanks from South Korea
Poland intends to buy 48 FA-50 fighter aircraft, 180 K2 tanks and as many howitzers “as possible” from South Korea.
Poland to grant households €630 allowance to buy coal for heating
Around 35% of Polish homes use coal for heating and a total of 11.5 billion zloty (€2.4 billion) will be allocated for the new programme
