Poland
Poland’s ruling coalition moves step closer to putting NBP chief on trial
If parliament approves the motion, it means the automatic suspension of Glapinski, although with an option to appeal to the Court of Justice of the EU.
NBP head says he wants peace with Tusk as motion to oust him goes to parliament
Glapinski faces vote in the parliament that could open the way to a trial before the State Tribunal.
Where water stress will be highest by 2050
Water is not only the basis of life for animals and plants but is also likely to become a contested resource in parts of the world in the coming decades, reports Statista.
Penta mulls sale of Fortuna gambling chain
Central Europe's largest betting company reportedly valued at up to €2bn.
Polish retail sales jump 6.1% y/y in February
Consumption is expected to drive Polish economic growth in 2024 to 3%-4% after an expansion of just 0.2% last year.
Polish central bank chief faces suspension after parliament files motion for trial
The ECB is likely to defend Glapinski, considering the motion and the rhetoric that accompanies it a political challenge to the central bank’s independence.
Polish PPI deflation eases slightly in February
Poland's producer price index declined 10.1% year on year in February, following a revised fall of 10.4% y/y in January.
Poland’s Tusk says motion to try central bank chief is 'ready'
Any attempt to put Glapinski before the State Tribunal is likely to provoke anger from the European Central Bank.
Seed of dissent: EC imposes fresh restrictions on Ukraine agriculture exports under European farm lobby pressure
The European council agreed to add several new agricultural products to a list that reimposes tariffs and quotas on Ukraine agricultural product imports to the EU, voting on a surprise decision to expand the list.
A surprise EU proposal to expand agricultural ”emergency brake” import restrictions will cost Ukraine €1.7bn
EU countries have overnight agreed to impose new restrictions on Ukrainian agricultural imports that will cost the cash strapped country €1.7bn and hurt its ability to fight the war against Russia.
EM winners and losers from the global green transformation
The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.
Polish fashion retailer LPP’s stock price partially recovers after damning report
LPP fiercely denies claims by Hindenburg Research that it had faked an exit from Russia following the outbreak of the war in Ukraine.
Polish core inflation eases growth to 5.4% y/y in February
Poland’s core inflation eased growth to 5.4% y/y in February after growing 6.2% y/y the preceding month.
KYIV BLOG: EU finalises €5bn Ukraine Peace Fund contribution that will see little new money sent to Kyiv
EU ambassadors agreed to back a new €5bn Ukraine Assistance Fund on March 13, part of the EU's off-budget European Peace Facility (EPF) that is used to partially reimburse member countries for the weapons they provide to Ukraine.
Europe has €56bn shortfall to meet Nato 2% of GDP spending pledge
European nations within Nato are facing a €56bn shortfall in meeting the alliance's defence spending pledge of 2% of GDP this year, the Financial Times reported on March 16.
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Polish fashion giant LPP’s stock price collapses after sale of Russian business reported as faked
LPP fiercely denied the report, which knocked its stock price nearly 36% in one day.
Poland revives ties with Berlin and Paris in push to help Ukraine
The underlying premise of the summit was to acknowledge that stopping Russia in Ukraine now will come at a much smaller cost than having to stop it later at the EU's gates.
Polish inflation eases growth further to just 2.8% y/y in February
Polish consumer price inflation (CPI) expanded 2.8% year on year in February (chart) to the lowest level in three years, data from Poland’s statistical office GUS showed on March 15.
VISEGRAD BLOG: Governments battle central banks in Poland and Hungary
The apparent threats to central bank independence are now worrying markets and the European Central Bank.
Tusk schedules Ukraine summit with Macron and Scholz
The so-called Weimar Triangle has sprung back to life under the Polish premier after an eight-year lull under the previous government of Law and Justice.