Composite leading indicators (CLIs) for November of 2011, designed to anticipate turning points in economic activity relative to trend, continue pointing to a slowdown in activity in most OECD countries and major non-member economies, according to report by the Organization for Economic Cooperation and Development (OECD). In the case of Poland, CLI inched up by 0.18pps on the month to 100.56pts, while the October figure was revised to 100.38pts from 100.31pts. In the OECD area, it fell by 0.1pps to 100.1pts, while in the euro-zone - it dropped by 0.4pps to 98.3pts. |
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