The Economic Sentiment Indicator (ESI) in Poland inched up by 0.9pts to 93.5pts in November (vs. its 12-month peak of 102.3pts reported in February, 2011), the European Commission has announced. In November, confidence in industry was -13.3pts vs. -15.9pts a month earlier; in the services sector, it fell to -1.1pts from 0.7pts; the consumer sentiment indicator decreased to -23.4pts from -23.1pts, while in the retail trade - it rose to -3.5pts from -4.0pts, respectively; the construction sector's sentiment indicator also worsened - to -29.7pts from -29.2pts. |
The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more
The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more
When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more