The company has lost about 11 billion zloty in market capitalisation and ended the day with an almost 36% drop in share prices.
Business
Germany, France and Poland pledge to buy weapons for Ukraine using frozen Russian assets
“We will do whatever is necessary and for as long as it is necessary to prevent Russia from winning the war with Ukraine.”
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Polish parliament passes media ownership restrictions amid angry scenes
The bill is seen to be aimed in particular at American-owned broadcaster TVN.
Poland to shift punishment for under-the-table payments from employees to employers
The new rules are intended to encourage whistleblowers and to increase tax revenue.
Concern as potato growing moves underground in Poland
Almost half of Poland’s potato fields may be unregistered.
Polish e-commerce giant Allegro posts profit jump and plots international expansion
It plans to launch an English website and increase exports to EU countries.
Head of junior coalition partner hints at exit from government over tax dispute
The firing of a deputy minister “violates the coalition agreement” and we will not remain in government “at any cost”, says Jarosław Gowin.
US senators accuse Poland of “democratic backsliding” and “undermining media freedom”
The bipartisan group criticised a proposed law that would restrict foreign media ownership.
Illegal crypto-mining operation discovered in Polish police HQ
A spokesman said the suspect did not access police databases.
Poland equals highest inflation rate in two decades
Rising prices are piling pressure on Poland’s central bank to raise interest rates.
Deputy PM criticises government tax reform for “hitting millions of hard-working Poles”
The prime minister says Poland will reach a “European standard of living” with the reforms.
US-German deal on Russian pipeline “significantly deepens crisis”, say Poland and Ukraine
Poland and Ukraine have long opposed the near-complete Nord Stream 2 pipeline.
Trade unions warn $6bn purchase of US tanks could cost thousands of Polish jobs
The deal is the biggest in the Polish army’s history.
Purchase of US Abrams tanks strengthens Poland and NATO against Russia
Hans Binnendijk
It will also strengthen ties with Warsaw’s most important ally.
