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The Warsaw Voice » News from February 14, 2017
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European Union leaders on March 9 reappointed Donald Tusk as president of the European Council for another term of office despite strong opposition from the Euroskeptic government of his native Poland.
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Business
The Polish economy is expected to grow by 3.2% this year, 0.2 pps below an autumn forecast, and stabilize at the level of 3.1% in 2018, while the general government deficit is expected to widen to 2.9% of GDP this year and to 3.0% next year from 2.3% estimated for 2016, the winter set of economic forecasts from the European Commission shows.
Politics
Poland's PM Beata Szydlo is hopeful she will leave the hospital within the next few days, she said on Sunday following the Friday car accident involving her limo.
Business
Poland's January consumer prices were up 1.8% year on year after a 0.8% y/y increase in December and versus expectations for a 1.7% y/y increase, Central Statistical Office (GUS) said in a statement.
Politics
Opposition party Nowoczesna will seek dismissal of Internal Affairs Minister Mariusz Blaszczak, as the minister fails to control security of the state, Nowoczesna MPs told a news briefing in the parliament on Monday.
Business
Poland may face a sudden tightening of the labor market, with wage growth in 2017 exceeding 6% year on year, if the scenario of a sudden outflow of migrants from Ukraine materializes, while in the base-case scenario wage growth will reach 4.1%, PKO BP wrote in a weekly research paper.
Business
Polish IPO market is very likely to enjoy a significant improvement this year after very weak 2016, local brokers and analysts said.
Business
Poland's future inflation index (WPI) increased by 0.7 pts in February after jumping 1.2 pts in January, suggesting significant inflation acceleration, the Bureau for Investments and Economic Cycles (BIEC) said in its monthly report.
Business
Poland is shouldering the cost of 6% of GDP due to polluted air, according to an EU report on environmental policy implementation.
Business
Poland recorded PLN 2.36 billion current account deficit in December, or EUR 533 million, after revised EUR 188 million deficit in November, according to central bank NBP figures released Monday.
Business
Corner store operator Zabka will likely be sold at a price of some EUR 1 billion or about PLN 4.3 billion, a source close to the deal tells the daily Rzeczpospolita.
Business
Polish enterprises are facing an increasing cost burden tied to the mounting wage pressure, local economists said after the 2016 wage figures publication.
Business
Refiner Lotos does not rule out entering the Iranian market or some other markets if an "appropriate opportunity" emerges, CEO Marcin Jastrzebski told the daily Rzeczpospolita.
Business
The Polish government is in the process of major changes to the country's foreign investments promotion activities.
Business
Bank BZ WBK wants to be the best bank on the Polish market in three measures: quality of service, ROE and net promoter score (NPS), within three years, CEO Michal Gajewski told daily Puls Biznesu.
Business
IT group Asseco Poland continues to screen the market for takeover opportunities but on the Polish market it sees no interesting acquisition targets, CEO Adam Goral told Parkiet daily.
Business
Polish banks are likely still facing some costs in connection with potential solutions to the CHF loans problem, but these costs should be lower than assumed earlier, local analysts said after the declarations of the ruling party Law and Justice (PiS) leader Jaroslaw Kaczynski on the subject.
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