Poland

Business, finance, investment and politics in the emerging market of Poland from an Austrian, Central, Eastern European perspective
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Poland: No Tax Hike Required

According to Poland’s Finance Minister, a tax increase is not required this year.

April 14, 2014

Poland: Number of Consumer Loans Increases

According to Polish credit bureau BIK, the number of granted consumer loans has reached a new record.

April 11, 2014

Poland: Key Rate Kept on Hold

The Monetary Policy Council of Poland has kept the key interest rate on hold since it ended easening in July last year.

April 10, 2014

Poland: NBP Posts No Profits

In 2013 the Polish National Bank (NBP) posted no profit.

April 10, 2014

Poland: Growth Forecast Raised Again

The International Monetary Fund has raised the forcast of GDP growth in Poland.

April 9, 2014

Poland: BZ WBK to Take Over Santander Consumer Bank

Bank BZ WBK was given the go-ahead by the Financial Market Regulator KNF to acquire a 60 percent stake in retail bank Santander Consumer Bank (SCB) from their joint parent bank Banco Santander.

April 9, 2014

Fitch: Polish Rating Foundations Very Solid

As reported by news portal “Warsaw Voice”, rating agency Fitch considers the Polish credit rating foundations to be very solid.

April 8, 2014

Poland: Banks to Enhance Bond Issues

The Polish banks are expected to increase the value of bond issues in the next years.

April 8, 2014

Poland: No Danger of Deflation

According to Marek Belka, governor of the National Bank of Poland (NBP), there is not threat of deflation.

April 7, 2014

Poland: Volatility on Financial Market Decreased

The volatility on the currency market decreased in March.

April 4, 2014