Defence, healthcare and the energy transition are among the spending priorities.
Business
Polish Olympic Committee chief detained over links to collapsed crypto firm
Radosław Piesiewicz has denied reports he received a €40,000 watch from the head of the crypto firm.
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Belgian court orders Poland to pay Pfizer €1.3bn for Covid vaccines
Poland says it intends to “pursue all legal means available to change this decision and defend its interests.”
Poland’s new maximum petrol station prices go into force
Retailers caught selling above the cap face fines of up to 1 million zloty.
Poland to establish anti-drone missile plant with Estonia’s Frankenburg Technologies
The facility will produce up to 10,000 anti-drone missiles a year.
Polish electronics firm Vigo Photonics acquires US rival InfraRed Associates for $8.4m
The deal gives the company a production base to expand in the US defence market and cut tariff barriers.
Poland to cut VAT on fuel as diesel prices hit all-time high
The government hopes the cuts will lead to a 1.2 zloty/litre drop in price.
Poland’s wealth gap to EU average narrows to record low level
GDP per capita adjusted for cost of living has reached 81% of the EU average, up from 44% three decades ago.
Polish government moves forward with proposed digital tax on Big Tech firms
But the proposal, which has been criticised by the US, faces a potential veto by President Nawrocki, a Trump ally.
Poland is “Europe’s new great power”, says US ambassador
Thomas Rose hailed Poland as an “ideal ally” for Washington and a “model Europe must follow”.
Poland at particular risk from prolonged Strait of Hormuz closure, shows international report
Its “triple deficit” in energy, public finances and current account makes it especially vulnerable.
Parliament will not process Polish president’s bill to replace EU defence loans with central bank profits
Preliminary analysis indicates the bill may be unconstitutional, says the speaker of the Sejm.
Poland’s new deposit-refund system has doubled plastic bottle recycling, says climate minister
One recent opinion poll found that half of Poles dislike the system while only a quarter approve of it.
Political gridlock threatens Poland’s public finances, warns Fitch, citing EU defence loan standoff
The standoff between the government and president is hindering efforts to tackle Poland’s deficit and debt.
