Concern mounts over new southern Africa coronavirus variant

bne IntelliNews November 26, 2021

The EU is planning a ban on travel from southern African countries after a new and highly infectious variant of the coronavirus virus was confirmed in Botswana and South Africa.

Poland’s government-controlled top court says European human rights convention clashes with Polish Constitution

Wojciech Kosc in Warsaw November 25, 2021

After declaring it can ignore European Court of Justice, Poland's Constitutional Tribunal now claims it can dismiss ECHR rulings.

Migrants continue to try to cross Poland’s border from Belarus, but the camp has gone

Ben Aris in Berlin November 25, 2021

Middle Eastern migrants continue to try to storm the Polish border from Belarus, but security forces say the woodland camp is largely gone.

Poland’s opposition mulls best strategy to beat PiS

Wojciech Kosc in Warsaw November 24, 2021

So far the opposition is resisting the kind of broad formal deal that parties have agreed in Czechia and Hungary to oust populist incumbents.

ING: Polish retail sales boosted by low base

Rafal Benecki is the Chief Economist in Poland at ING November 24, 2021

Yearly retail sales in Poland have recovered after a soft third quarter. It's no surprise, given that this time last year the country was hit by COVID lockdowns.

LONG READ: Russia looks poised to invade Ukraine, but what would an invasion actually look like?

Gav Don in Edinburgh November 24, 2021

Tensions are high and there is talk of a possible invasion of Ukraine by Russia. But what would that actually look like? How much destruction would it cause and how many people would die?

Polish retail sales deliver positive surprise in October but inflation clouds outlook

Wojciech Kosc in Warsaw November 24, 2021

Polish retail sales grew 6.9% y/y in constant prices in October, the growth rate picking up from an expansion of 5.1% y/y the preceding month.

Polish industrial production surprises on the upside with growth of 7.8% y/y in October

Wojciech Kosc in Warsaw November 23, 2021

Poland’s industry has handled supply chain difficulties better than other European countries due to relatively lower dependence on foreign suppliers.

Central Europe starts to lock down again

bne IntelliNews November 22, 2021

The region’s underfunded health systems are struggling to cope with the impact of the fourth wave of the coronavirus on the large numbers of their citizens who are still unvaccinated.

EU prepares to begin formal rule-of-law procedures against Hungary and Poland

bne IntelliNews November 22, 2021

Commission asks questions about contracts granted to Hungarian strongman Viktor Orban's relatives and cronies.

Tension on Belarus-Poland diminishes, but refugees not out of the woods yet

Ben Aris in Berlin November 19, 2021

Tensions on the Belarus-Polish border diminished as the first 500 refugees were flown home and most of the remainder were moved to a warehouse for food and shelter, but hundreds remained in the camp in the woods by the fence as night closed in.

Central and Southeast European economies remain fragile, says Vienna Initiative of banks

bne IntelliNews November 18, 2021

Banks may be tested by the withdrawal of government help to companies, particularly as infection rates begin to soar again.

Poland’s judiciary slides down global independence ranking

Wojciech Kosc in Warsaw November 18, 2021

Poland drops from 118th to 61st in the global ranking of the countries with the highest risk to judicial independence, overtaking Hungary as the worst-performing country in the EU.

Polish core inflation accelerates to 4.5% y/y in October

Wojciech Kosc in Warsaw November 18, 2021

The outlook for core inflation is that it will remain elevated throughout 2022.

ING: Poland’s current account balance is deteriorating quickly

Leszek Kasek is the Senior Economist in Poland at ING November 17, 2021

Compared to 2020, Poland’s current account balance is set to deteriorate by an equivalent of about 4.5% of GDP in 2021.

Stranded migrants clash with Polish soldiers on border with Belarus

Wojciech Kosc in Warsaw November 17, 2021

Migrants stranded between Belarusian border guards and Poland’s border fence guarded by military and police began rioting on November 16 in what Polish authorities described as an “attack on Poland”.

Poland asks its top court to rule on legality of EU’s fine over Turow mine

Wojciech Kosc in Warsaw November 16, 2021

The move marks another ratcheting up of Poland's dispute with the EU, with the tribunal being asked to rule on whether the CJEU itself is breaching the EU treaty.

bneGREEN: Coal emerges down, but not out, from Glasgow

Richard Lockhart in Edinburgh November 16, 2021

The COP26 conference finished 26 hours late on November 13, with a last-minute intervention by India watering down the final agreement’s commitment on coal.

EU slaps Belarus with new sanctions for stoking migration crisis at Poland’s border

Wojciech Kosc in Warsaw November 16, 2021

A list of people and entities to be hit by asset freezes and travel bans is expected to be finalised in the coming weeks.

Polish CPI’s October surge confirmed at 6.8% y/y

Wojciech Kosc in Warsaw November 16, 2021

The ongoing surge in consumer prices has spurred the National Bank of Poland into action twice already, raising interest rates from their all-time low of 0.1% to 1.25% in October and November.