EU leaders to discuss support for Ukraine and strengthening of Europe’s defence capabilities in response to the sudden change in the geopolitical situation.
Hungarian PM Viktor Orban indicated ahead of the crucial summit that he might veto additional support for Ukraine.
Poland's Purchasing Managers' Index increased 1.8 points to 50.6 in February, the economic intelligence company S&P Global said on March 3.
With European powers facing sobering reality of possible future with little or no US defence support, attention has turned to Ankara's big defence manufacturing capacity and 800,000-strong army.
For Central and Eastern Europe, over reliance on renewable energy for the green transition will compound the already significant challenge of shifting away from a predominantly coal and natural gas based energy network.
As European countries face a pressing need to rearm amid fears the US may pull back from its security commitments, an EBRD report shows higher defence spending is already putting pressure on public finances.
Poland's GDP growth surged to 3.7% year on year in the fourth quarter (chart), picking up after a revised gain of 2% y/y in the previous quarter, according to seasonally adjusted preliminary data released by the statistical office GUS.
Ankara has second largest land forces in military bloc. Turkish officials leverage the point in effort at obtaining long-sought EU membership.
Weaker external demand and potential impact of Trump tariffs weigh on Emerging Europe, Central Asia and Semed regions, with growth now projected at 3.2%.
Mainstream politicians across Central and Southeast Europe have expressed relief at the outcome of Germany's general election, which saw the far-right Alternative for Germany make gains but ultimately fall short of securing victory.
Poland's producer price index (PPI) fell 0.9% year on year in January (chart), following a revised fall of 2.7% y/y in December, the country’s statistics office GUS said on January 22.
Poland’s industrial production contracted 1% year on year at constant prices in January (chart), after a gain of 0.2% y/y the preceding month, unadjusted data from the statistical office GUS showed on February 22.
Fears US may consider withdrawing its troops from Europe, including Kosovo, if Trump and Putin reach an agreement to end the war in Ukraine.
Europe must not make “empty promises” on security to Ukraine again, Poland’s Prime Minister Donald Tusk told reporters on February 17 just before flying to Paris for an emergency meeting of key European allies.
Poland’s consumer price index rose to 5.3% year on year in January (chart), up from 4.7% in December, data from the country’s statistical office GUS showed on February 15.
Poland reaffirmed the long-standing commitment to its alliance with the United States as newly appointed Defence Secretary Pete Hegseth visited Warsaw on February 14 – his first bilateral trip since taking office.
Poland was the poor second cousin to its EU peers when it first joined the EU two decades ago. But a flourishing economy, its frontline position and growing military might means it’s been promoted to the top table in EU affairs.
Inflationary pressures across Central and Eastern Europe (CEE) are intensifying, with higher-than-expected consumer price index (CPI) data prompting a shift in monetary policy expectations across the region, says Capital Economics.
Poland's Ministry of State Assets will present a comprehensive plan for the spin-off of coal assets from state-owned power companies to Parliament on February 13, as the government's energy transformationd plans gather pace.