When the IMF last year forecast that Poland would in 2025 join the world’s top 20 economies, it drew enormous attention.
economy
Poland’s economy 42% larger thanks to EU membership, finds new study
The gains stem largely from the benefits of joining the European single market, say analysts.
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Business groups express concern at Polish government’s minimum wage hike
The decision was, however, welcomed by trade unions.
Poland records EU’s fastest GDP growth
“We are better than all the big EU countries, and we beat the Germans by a long shot,” declared Prime Minister Donald Tusk.
Poles have many gaps in financial literacy, warns study by debt registry
Almost 60% wrongly answered a question on inflation.
Poles 40% richer than they would be without EU membership, finds report
Among the eight eastern member states that joined in 2004, only Lithuania (60.3%) was found to have had a bigger premium.
Poland biggest beneficiary of EU membership among eastern member states, finds study
Since joining the EU in 2004, Poland’s economy has grown the third fastest among all 27 countries in the union.
Polish government further delays promised doubling of tax-free income allowance
“There is no room” in the budget because of increased defence spending, says the finance minister.
Polish ruling coalition party submits bill to roll back Sunday trading ban
However, there is no consensus within the ruling coalition to lift the Sunday trading ban.
Zloty returns to pre-pandemic exchange rate against euro after EU funds unlocked
In recent weeks, the zloty has also been rising strongly against other major currencies, including the US dollar, Swiss franc and British pound.
Poland one of only two EU countries with positive consumer confidence
Poland has also seen the bloc’s largest rise in consumer confidence over the last year.
Poland’s real wage growth fastest in 16 years
The salary growth was boosted by the record increase in minimum wage.
Inflation in Poland below 4% for first time in almost three years
Inflation has slowed rapidly from its peak of 18.4% in February last year.
Poland’s economic growth slowed sharply to 0.2% in 2023
It was Poland’s lowest GDP growth since the early 1990s, apart from the pandemic-induced drop in 2020.
