Total labour costs in Poland grew by 5.7% y/y in Q4/2009 (after rising by 3.3% y/y a quarter earlier) and in the economies of the 27 member states of the European Union (EU) they were up by 2.4% y/y, the European statistical office Eurostat has announced. In the euro-zone, the rise was 2.2%. Among the member states for which data are available for the Q4/2009, the highest fall of labour costs were registered in Lithuania (10.8%), Estonia (5.8%) and Latvia (5.6%). The highest rise was posted in Bulgaria (11.3%), Austria (6.5%) and in Poland . ISB
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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