Poland

Moscow has the second highest road rage score in the world

Ben Aris in Berlin November 12, 2019

Mister Auto released a survey of which cities in the world are the best and worst to drive in that found Moscow has the second highest road rage index in the world, after only Ulaanbaatar.

Far-right marches in Warsaw to celebrate Poland’s Independence Day

Wojciech Kosc in Warsaw November 12, 2019

Tens of thousands of people joined the 10th Independence March, an annual event that has gained notoriety because it is organised by far-right parties and groups seen as gaining strength in Poland.

IIF: 2020 the climate super-year

Institute of International Finance November 11, 2019

The growing importance of environmental, social and governance (ESG) performance to investors (and ultimately to voters) is one of the most important forces shaping the new global economy. CO2 emissions must peak next year or we are in trouble.

Germany fails to protect Nord Stream 2 from EU gas laws

bne IntelliNews November 11, 2019

Germany’s Bundestag parliament has failed to pass a bill that would have helped shield the controversial Nord Stream 2 gas pipeline project from recent amendments to the EU’s gas directive.

30 YEARS OF TRANSITION: CEE makes enormous progress but held back by governance issues

Clare Nuttall in Glasgow November 9, 2019

If half of the governance gap between Central Europe and the G7 countries was closed, income convergence would be brought forward by almost a generation, says EBRD chief economist Beata Javorcik in an interview with bne IntelliNews.

30 YEARS OF TRANSITION: The East-West convergence in numbers

Clare Nuttall in Glasgow November 9, 2019

30 years after the fall of the Berlin Wall the new EU members haven’t yet caught up with Western Europe — but they are drawing level with the Southern European states that were battered by the international economic crisis.

CEE monthly bond wrap: Bond issues in Eastern Europe pick up strongly in October, but activity subdued in Central Europe

Ben Aris in Berlin November 8, 2019

Bond issuers from Eastern Europe were active in October with 18 bonds issued worth a total of $4.5bn of which two-thirds of the value and 14 out of the 18 were Russian bonds, according to data provided by CBonds.

30 YEARS OF TRANSITION: A profound crisis of trust in democracy

Denitsa Koseva in Sofia November 7, 2019

Report from the Open Society Foundations reveals a “robust spirit of dissent, and a readiness to challenge those in power” as shown by mass anti-corruption protests in the Czech Republic, Romania and Slovakia.

30 YEARS OF TRANSITION: Central European automakers prepare for an electric future

Clare Nuttall in Glasgow November 6, 2019

Since the first years of the transition period, Central Europe started to emerge as a major manufacturing destination for Europe’s automotive industry. Now the industry is adapting to a new generation of technologies.

30 YEARS OF TRANSITION: Poland at a crossroads

Wojciech Kosc in Warsaw November 6, 2019

There are hints that the dominant transition narrative — that of Poland’s overwhelming success — might have nearly run its course. Ideas previously existing on the fringes of political discourse are making their way to the fore.

EBRD: Pace of emerging Europe economic growth slows as global outlook weakens

EBRD in London November 6, 2019

The pace of growth in the EBRD’s emerging economies is slowing on the back of a weaker global economic outlook, and pressure from slower growth in the Eurozone and China, US/Chinese trade tensions and a contraction in world automobile production, acc

EU’s top court rules Poland’s judiciary reform breaks EU law

Wojciech Kosc in Warsaw November 5, 2019

The ruling is yet another blow to the ruling right-wing populists from PiS who came to power in 2015 with promises of overhauling the judiciary.

Central Europe shrugs off Western Europe’s slowdown

Ben Aris in Berlin November 4, 2019

Western Europe is rapidly sliding into recession, but after a five-year-long boom, Central Europe is holding out.

Slowdown on the cards for Central Europe as economic sentiment plunges

bne IntelliNews October 30, 2019

The European Commission’s Economic Sentiment Indicators (ESIs) turned south across Central Europe in October, suggesting the economies of the region will slow down from here as a miasma descends.

Poland teams up with commercial telecoms to develop 5G network

bne IntelliNews October 29, 2019

Memorandum between state agencies and commercial companies is seen as the first major decision of the Law and Justice-led government after the election, which gave it another four years in power.

Baltic Pipe clears last major hurdle as Denmark grants offshore construction permits

Wojciech Kosc in Warsaw October 27, 2019

The Baltic Pipe is a major element in Poland’s plan to wean itself off Russian gas, which currently covers around two-thirds of the country’s demand.

IIF: IMF meetings, not as bad as you think

Elina Ribakova Deputy Chief Economist of the Institute of International Finance et al October 27, 2019

Investors and policymakers finished the International Monetary Fund (IMF), World Bank annual general meetings in October on a more positive note than expected.

30 years after fall of Berlin Wall Pew poll finds progress but a values fault line lies across Europe

Ben Aris in Berlin October 22, 2019

With the 30th anniversary of the fall of the Berlin Wall due in November the Pew Research Center has released a report looking at how attitudes to democracy, liberal values and market economies have developed in the last 30 years.

GE Hitachi Nuclear Energy announces cooperation with richest Pole on small modular reactor for Synthos

Wojciech Kosc in Warsaw October 22, 2019

GE Hitachi Nuclear Energy has signed an agreement with Poland’s chemical giant Synthos, owned by the richest Pole Michal Solowow, on the potential construction of a small modular reactor.

Polish retail sales ease growth slightly in September

bne IntelliNews October 21, 2019

Slowdown mainly related to sales of non-durable goods, while continued expansion, albeit at a slower pace, is generally in line with Poles’ robust consumer spending driven by low unemployment and growing wages.

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