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German daily newspapers report that it started to cloud over Polish economy, which had recently begun to shrink. They compare today’s recession with the crisis of 2009 and claim that the situation today is even worse than it was. According to today’s German daily newspaper Handelsblatt – the country, thought to be the economy engine, does not produce anymore steam. Poland, being the only European Union county which was not affected by the world crisis in 2009, is apparently losing the economy burst. According to the data from Central Statistical Office – the GDP of the third quarter of this year increased in no more that 0,4 percent in comparison to the previous quarter. It was not so bad even in critical 2009 – during the world economy crisis. During the downturn, when all EU countries were in recession, Polish GDP increased in 1,7 percent. The daily reports that according to the Central Statistical Office the situation is getting even worse due to significant reduction in domestic demand that used to be a driving factor for economic growth in Poland, which rate was immensely higher than the average one in EU. In the meantime, according to media reports, the majority of Poles are afraid of upcoming crisis , save up and drastically cut expenditures. As stated in an article published in Financial Times Deutschland, the fact that quantity of foreign orders and employment increased in comparison with the previous month – will not have a notable impact on the existing situation.
The Polska Agencja Inwestycji i Handlu (PAIH) has announced the second call for applications in the Polish Technology Bridges (PMT) project, aimed at supporting Polish companies in expanding to selected markets outside the European Union. The initiative is funded under the Fundusze Europejskie dla Nowoczesnej Gospodarki 2021–2027 program.
czytaj więcejRepresentatives of Poland took part in the international PDAC Convention trade fair in Toronto, one of the world’s most important events for the mining and natural resources sector. The Polish delegation included representatives of the Polska Agencja Inwestycji i Handlu (PAIH), led by the President of the Agency, Andrzej Dycha.
czytaj więcejHow can long-term investments be effectively stimulated through the capital market, and what regulatory changes are needed to achieve this? This was the central question of the debate titled “Stimulating Long-Term Investment through the Capital Market,” held on 26 February during the “Risk and Regulation” seminar in Warsaw at the headquarters of the Urząd Komisji Nadzoru Finansowego.
czytaj więcejNearly 60 hectares of fully serviced investment land located directly next to Port Lotniczy Olsztyn–Mazury in Szymany are waiting for an investor. This is a unique opportunity for businesses seeking a strategic location that combines access to air, road, and rail infrastructure with the growth potential of a dynamically developing region.
czytaj więcejThe Województwo mazowieckie region has already invested more than PLN 55 billion from European funds and the National Recovery Plan (KPO). As a result, roads, railways, public transport systems, and hospitals are being modernized. Digital, environmental, tourism, and education projects are also being implemented.
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