Polish CPI surges 5.5% y/y in August

Wojcich Kosc in Warsaw September 16, 2021

Inflation rises 0.5pp versus the preceding month.

bneGREEN: Global coal plans collapse by 76%

By Richard Lockhart in Edinburgh September 16, 2021

The global pipeline of proposed coal power plants has collapsed by 76% since the Paris Agreement in 2015, bringing the end of new coal power construction into sight, new research by green think-tank E3G finds.

bneGreen: Finland’s Betolar develops green cement as construction races to decarbonise

Richard Lockhart in Edinburgh September 15, 2021

Finland’s Betolar is pioneering the production of low-carbon cement by using alternative industrial waste products in a process that could reduce CO2 emissions by up to 80%.

GLOBSEC: No debt ratio is safe for small EU countries

Ivan Šramko and Sona Muzikarova September 10, 2021

Targeted EU fiscal rule reform is desirable but should consider the inherent risks for smaller member states.

bneGreen: Meat’s animal-free future

Clare Nuttall in Glasgow September 8, 2021

Startups in emerging Europe developing alternative proteins are part of a growing movement aimed at helping to fight climate change and feed the world’s expanding population.

Commission moves to impose financial penalties on Poland over changes to Supreme Court

Wojciech Kosc in Warsaw September 8, 2021

Decision elevates the long-lasting spat between Poland and Brussels over Warsaw’s judiciary reforms to a new height.

EV market may create copper deficit

Dimitri Frolowsckii of Neo September 3, 2021

Auto fleets' shift to electric vehicles in a global drive to cut carbon emissions will involve a drawdown on copper that could transform markets, and spur additional supply.

Poland declares state of emergency along border with Belarus to stem migration

Wojciech Kosc in Warsaw September 2, 2021

Poland’s President Andrzej Duda declared a state of emergency along the border with Belarus on September 2 in an attempt at stemming illegal migration from Belarus.

bneGreen: Emerging Europe’s perfect storm for illegal logging

bne IntelliNews September 1, 2021

High demand for wood for the booming global furniture market, poverty, persistent corruption and huge areas of sparsely populated forest land combine to create the conditions for illegal logging in Emerging Europe.

Poland’s CPI growth picks up to 5.4% y/y, according to flash estimate

bne IntelliNews September 1, 2021

The flash reading puts Poland’s inflation at a 20-year high, adding ever more political heat to the debate about whether the central bank should raise rates.

Poland’s GDP growth adjusted upward to 11% y/y in Q2

bne IntelliNews September 1, 2021

The reading is an upward revision of 0.3pp versus the flash estimate, and shows that Poland has well and truly shaken off the pandemic-induced recession.

Polish government still undecided over restrictions to curb fourth wave of pandemic

bne IntelliNews August 30, 2021

The government is facing the necessity of introducing curbs in regions with the lowest ratio of inoculations, which are also its electoral strongholds.

Nord Stream 2 fails to get exemption from EU gas market rules

bne IntelliNews August 25, 2021

A court in Germany has ruled that Russia’s controversial Nord Stream 2 pipeline should not be exempt from EU gas market rules, creating new headaches for the project’s state-owned operator Gazprom, which may be unable to use half the capacity.

Central European economies bounce back from the pandemic

bne IntelliNews August 18, 2021

Poland, Hungary and Slovakia have already surpassed their end 2019 GDP levels.

VISEGRAD BLOG: PiS plays for time on the EU front

Wojciech Kosc in Warsaw August 17, 2021

Under fire from the US and Israel, and with its domestic political dominance slipping, Poland's radical rightwing government appears to be ready to make a tactical retreat over the rule of law dispute with the EU.

Poland’s inflation shoots to 5% y/y in July

Wojciech Kosc in Warsaw August 16, 2021

A move to quash accelerating inflation from the NBP is, however, unlikely before it is clear how big the impact of the expected fourth wave of the COVID-19 pandemic will be.

Poland’s GDP soars 10.7% y/y in Q2 after pandemic recession

Wojciech Kosc in Warsaw August 16, 2021

Growth expected to slow if government reimposes COVID-19 restrictions in the autumn.

Poland’s PiS muscles through law seen as targeting US-owned broadcaster TVN

Wojciech Kosc in Warsaw August 11, 2021

Ruling United Right coalition passed a controversial media reform that forbids non-EU entities to control domestic broadcasters.

Polish ruling coalition on edge of collapse as deputy PM Gowin ousted

Wojciech Kosc in Warsaw August 11, 2021

Deputy PM and the leader of one of the ruling coalition parties, Jaroslaw Gowin, was dismissed for his criticism of the government’s flagship economic reform programme.

Bank stocks drive Warsaw Stock Exchange’s main index to all-time high

bne IntelIiNews August 10, 2021

The WIG was up 0.15% to 68,487.65 points on August 9, reaching a record high for the fourth session day in a row.