ING: Consumer not ready to change what they eat to help the environment

ING December 1, 2023

By wasting less food and eating less meat and dairy, consumers can help to slow down climate change. However, consumers in the EU have barely changed their diets.

Polish inflation eases to 6.5% y/y in November, flash estimate shows

Wojciech Kosc in Warsaw December 1, 2023

Analysts now expect the CPI to continue easing in the coming months but at a clearly slower rate.

COP28: All the climate crisis warning lights flashing red – in charts and maps

Ben Aris in Berlin November 29, 2023

The great and good have assembled in UAE’s capital of Dubai for the COP28 conference to hash out a plan to avert the looming environmental disaster, but its probably too late.

COP28 – what will be the main battles?

by Roberta Harrington in Los Angeles November 29, 2023

As around 70,000 people descend on Dubai for COP 28, the warnings signs of the climate crisis are clear. So far this year has been the hottest ever, and the future looks bleak.

IEA offers five pillars for action at the COP28 climate summit

by Roberta Harrington in Los Angeles November 29, 2023

Renewable energy should be tripled globally by 2030. That is the first of five pillars of action from the International Energy Agency for the COP28 climate summit starting on November 30 in Dubai.

Host UAE planned to use COP28 for oil deals

by Roberta Harrington in Los Angeles November 29, 2023

COP28 host, the United Arab Emirates, has planned to use its status at the UN annual climate conference in Dubai to make new oil and gas deals with as many as 15 member nations, according to leaked briefing documents obtained by the BBC.

ING: What companies and investors should know about COP28

ING November 29, 2023

COP28 will focus on ramping up efforts and investment in climate mitigation, adaptation and loss and damage control. It's now crucial that companies invest in clean technologies, harness climate finance opportunities and contribute to systems change.

Protest at Polish-Ukrainian border escalates as farmers join in

Wojciech Kosc in Warsaw November 29, 2023

Protesters said they are not ruling out escalating the blockade to cover all eight Polish-Ukrainian border crossings.

COMMENT: Falling EM inflation enters a second phase, but rate cuts will progress slowly in 2024

bne IntelliNews November 28, 2023

Inflation rates are coming down across the Emerging Markets and are now entering a second phase, Capital Economics said in a note on November 28. Central Banks are getting ready to cut interest rates but rate cuts will come slowly.

Poland’s Duda swears in phoney PiS government with expected lifetime of two weeks

bne IntelliNews November 28, 2023

Poland’s President Andrzej Duda swore in a Law and Justice (PiS) government led by Mateusz Morawiecki on November 27 despite the proposed cabinet’s clear lack of majority in the new parliament that emerged after last month’s election.

VISEGRAD BLOG: Europe's populist surge can still be contained

Robert Anderson in Prague November 27, 2023

Hungarian premier Viktor Orban rejoices in 'winds of change' after victory of Geert Wilders’ radical right-wing Freedom Party in the Dutch general election.

Ukraine EU accession talks will be "difficult", European Council President Michel says

Ben Aris in Berlin November 23, 2023

The President of the European Council, Charles Michel, predicts that the December summit on Ukraine's accession to the EU will be “difficult".

Muddy Waters note sends CPI stocks and bonds plummeting

bne IntelliNews November 23, 2023

Short-selling hedge fund accuses Czech property group of misstating value of assets.

Polish retail sales return to growth in October

bne IntelliNews November 23, 2023

Polish retail sales expanded 2.8% year on year in constant prices in October (chart), after falling 0.3% y/y the preceding month, the statistics office GUS said on November 22.

ING: Solid Polish labour market supports bounce back in spending.

ING November 22, 2023

A rebound in real wages and relatively stable employment are great starting points for a recovery in household spending. Economic growth in 2024 may reach around 3% on the back of both private and public consumption.

Polish producer prices deepen fall in October

bne IntelliNews November 21, 2023

Poland's producer price index (PPI) declined 4.1% year on year in October (chart), following a revised fall of 2.7% y/y the preceding month, the country’s statistics office GUS said on November 21.

Polish industrial production returns on growth path in October

bne IntelliNews November 21, 2023

Poland’s industrial production grew 1.6% year on year at constant prices in October (chart), after a revised fall of 3.3% y/y the preceding month, unadjusted data from the statistical office GUS showed on November 21.

Bulgaria had EU's biggest population slump in pandemic year 2021

bne IntelliNews November 21, 2023

EU regions with the steepest population loss were all in Bulgaria, led by Vidin with a loss of 25.7 per 1,000 people.

INTERVIEW: Green transition must be a just transition, says EBRD chief economist

Clare Nuttall in Glasgow November 21, 2023

EBRD research shows majority in transition countries believe climate change will severely affect the children of today, but fewer people are willing to pay to address the climate emergency.

EC mulls punishing Poland for blocking transit of Ukrainian trucks

bne IntelliNews November 20, 2023

Ukrainian truckers are facing daily losses of €300 due to the ongoing blockade of the Polish border by Polish truckers, according to the Association of International Motor Carriers.