The Future Tech Poland (FTP) programme aims to close a funding gap in Poland’s venture capital market.
finance
Poland leads EU in mobile and internet banking transactions
It is also one of the bloc’s best performers when it comes to financial innovation.
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Polish ruling party raises campaign funds from state firm managers while private business supports opposition
Figures associated with Polish gaming giant CD Projekt have been the largest donors to the opposition Civic Platform (PO).
Supreme Court upholds rejection of financial statements by Polish justice minister’s party
United Poland (Solidarna Polska) was found to have taken unlawful loans from private individuals.
“The rich have got richer, it’s time for a reset,” says Polish finance minister
“It is important that society does not stratify,” says Tadeusz Kościński.
Polish banks record annual loss for first time in almost three decades
The profitability of Polish banks was among the lowest in the EU.
Number of housing loan applications in Poland “highest in years”
An average of 2,500 housing loan applications were made per day in Poland last month, as the economy rebounds from the pandemic.
Poland busts largest ever VAT fraud operation, which issued one billion zloty of fake invoices
The illegal operation sold fake invoices worth more than one billion zloty.
Polish government unveils increased social spending and tax reform in pandemic recovery plan
The plan includes more subsidies for parents and support for aspiring homeowners, but also a greater tax burden on higher earners.
Poland’s post-pandemic tax cure may be a bitter pill
Maria Wilczek
PiS has financed lavish spending with a booming economy. Now it will need new sources of revenue.
The rise and fall of Poland’s once richest man
Maria Wilczek
In the latest blow, Leszek Czarnecki’s beleaguered Idea bank will be swallowed up by a state-owned rival.
Negative interest rates introduced by a Polish bank for first time
Poland’s banking sector has been hit hard by the pandemic.
Poland to end tax relief on income earned abroad
The new rules come in place at the start of 2021.
Poland among top three EU countries in closing VAT gap
But experts warn that the coronavirus crisis could undo some of the progress.
