The OECD Composite Leading Indicator (CLI) for Poland inched up to 100.37pts in December of 2012 from 100.23pts a month before, according to OECD's data. In December of 2011, the indicator was 100.43pts. CLIs, designed to anticipate turning-points in economic activity relative to trend, show diverging growth patterns in the economic outlook of major economies, according to the organization's press release. It points to growth firming in the OECD area (with the CLI at 100.36pts in December vs. 100.25pts a month before) and its stabilisation in the euro area (with the CLI at 99.56pts and 99.47pts, respectively) - in particular in Italy and Germany. |
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