A record 64% of Poles travelled for leisure purposes, with 44% travelling abroad.
A record 64% of Poles travelled for leisure purposes, with 44% travelling abroad.
Alicja Ptak
Poland has had the EU’s second-fastest public rising debt this year.
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Among the eight eastern member states that joined in 2004, only Lithuania (60.3%) was found to have had a bigger premium.
Since joining the EU in 2004, Poland’s economy has grown the third fastest among all 27 countries in the union.
“There is no room” in the budget because of increased defence spending, says the finance minister.
However, there is no consensus within the ruling coalition to lift the Sunday trading ban.
In recent weeks, the zloty has also been rising strongly against other major currencies, including the US dollar, Swiss franc and British pound.
Poland has also seen the bloc’s largest rise in consumer confidence over the last year.
The salary growth was boosted by the record increase in minimum wage.
Inflation has slowed rapidly from its peak of 18.4% in February last year.
It was Poland’s lowest GDP growth since the early 1990s, apart from the pandemic-induced drop in 2020.
Adam Glapiński suggests that, because elections are being held this month, they are trying to hide the “great success” in tackling inflation.
Inflation slowed in September to 8.2% year-on-year, below analysts’ expectations of 8.5%.
Poles’ savings grew 7.4% year on year, although their real value is being eaten up by inflation.