Billions have already been spent on the planned plant but Orlen says halting the project now will save the firm from likely losses.
Business
Polish ruling party’s presidential candidate outlines aims on abortion, defence and economy
Trzaskowski pledged to end Poland’s “embarrassment on the international stage and medieval anti-abortion law”.
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Mortgages hit highest-ever value in Poland in July
The housing market has been boosted by all-time low interest rates and galloping inflation.
Polish president hints at veto of media ownership law
Andrzej Duda called the bill “controversial” and said that Poland “must weigh up our interests”.
Polish church criticises government’s proposed tax increase for priests
The head of the episcopate says the plans were not consulted with the church.
Polish state energy giant calls for price deregulation with further rises expected
Electricity prices rose faster in Poland last year than anywhere else in the EU.
Polish government to subsidise home energy storage in solar drive
State subsidies have helped more than triple Poland’s solar capacity since the start of 2020.
Polish channel TVN24 gets Dutch broadcast licence amid fears over future in Poland
The station, which is owned by American conglomerate Discovery, is often critical of the Polish government in its coverage.
Poland posts record GDP growth amid strong pandemic recovery
Poland recorded a GDP growth of 10.7% year-on-year in the second quarter.
EU, US and UK criticise Poland’s media law, but Polish PM says they misunderstand it
Mateusz Morawiecki says he “invites specialists from our American partners to analyse what we are talking about here”.
US and Israel condemn property restitution bill passed by Polish parliament
Jewish groups argue that the legislation would particularly impact Holocaust survivors.
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.
