GDP per capita adjusted for cost of living has reached 81% of the EU average, up from 44% three decades ago.
GDP per capita adjusted for cost of living has reached 81% of the EU average, up from 44% three decades ago.
A record 64% of Poles travelled for leisure purposes, with 44% travelling abroad.
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“Polish institutions and companies can share their experience with Ukraine,” writes Pekao bank.
The total value of new mortgages has also fallen by 73% year on year, according to data from the Credit Information Bureau (BIK).
“Ouch,” said analysts at mBank, commenting on inflation figures that exceeded most forecasts.
Adam Glapiński received the backing of the ruling party but the opposition has questioned whether he is legally entitled to another term.
Poland has overtaken Portugal on Eurostat’s measure of GDP per capita taking account of purchasing power standards.
But it will also have the EU’s joint third highest GDP growth, according to new forecasts from the European Commission.
Unemployment in Poland was 2.9% in December 2021.
Poland performed better than the US, Canada, France, Germany and the UK in The Economist’s ranking.
Mateusz Morawiecki also hailed the fact that already many Polish emigrants have chosen to return to their homeland.
Poland recorded a GDP growth of 10.7% year-on-year in the second quarter.
The prime minister says Poland will reach a “European standard of living” with the reforms.
The profitability of Polish banks was among the lowest in the EU.