Poland
Polish CPI surges 5.5% y/y in August
Inflation rises 0.5pp versus the preceding month.
bneGREEN: Global coal plans collapse by 76%
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
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
Targeted EU fiscal rule reform is desirable but should consider the inherent risks for smaller member states.
bneGreen: Meat’s animal-free future
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
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
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
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
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
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
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
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
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
Poland, Hungary and Slovakia have already surpassed their end 2019 GDP levels.
VISEGRAD BLOG: PiS plays for time on the EU front
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
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
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
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
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
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.
