Poland
Polish manufacturers start 2025 on slightly more upbeat note
Poland's Purchasing Managers' Index increased 0.6 points to 48.8 in January, the economic intelligence company S&P Global said on February 3 (chart).
EBRD to support Poland’s green transition with €200mn loan for Baltica 2 wind project
Baltica 2 offshore wind farm will be a boon for Poland, which is struggling to meet its green transition targets.
The UK, Germany and China lead global offshore wind farm roll-outs, but the rest of the world is lagging far behind.
Poland is about to double its offshore wind power generation capacity but apart from Germany and the UK, offshore wind power remains underdeveloped around the world, with the notable exception of China.
Central and Eastern European banks defy expectations with robust 2024 earnings, says RBI
Banks across Central, Eastern and Southeast Europe defied expectations and reported impressive returns on equity ranging between 15% and 20% in 2024, says Raiffeisen Bank International.
Solar generation tops coal for first time in EU in 2024
The EU reached a key milestone in 2024 as solar power surpassed coal use for the first time in the bloc’s history.
Lack of megadeals drags down M&A volume in Emerging Europe
The number of deals in Central and Southeast Europe rose in 2024 but aggregate deal value fell by 31%, finds law firm CMS.
Polish retail sales disappoint in December
Polish retail sales expanded 1.9% year on year at constant prices in December, well below expectations of a 3.8% annual gain.
Turkey’s role in European security on agenda as top diplomats of Ankara, EU meet
Donald Trump policies could set in motion an attempt at reconfiguring relations.
OUTLOOK Poland 2025
What is in store for Poland in 2025? bne IntelliNews’ annual OUTLOOK: Poland 2025
Polish PPI eases decline rate to -2.6% y/y in December
Poland's producer price index (PPI) fell 2.6% year on year in December (chart), following a revised fall of 3.8% y/y in November, the country’s statistics office GUS said.
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Trump issues anti-wind executive order
President Donald Trump quickly issued an unexpectedly sweeping executive order that prevents federal government involvement in permitting of all offshore and onshore wind projects, including on private onshore land.
Diagnostyka aims to raise €400mn with Warsaw IPO
Medical diagnostics provider's IPO is seen as a major addition to the Polish equity market, following last year’s PLN6.45bn listing of convenience chain Zabka.
Trump withdraws US from Paris Agreement
President Donald Trump wasted no time withdrawing the US from the Paris Agreement merely hours after being sworn-in on January 20.
COMMENT: Europe needs to start the fightback against Trump now
The European centre-right is facilitating the populist attack on liberal democracy.
Analysts expect ‘perfect storm’ of political risks in 2025
Global political risk is set to intensify in 2025 with international trade becoming a geopolitical battleground after Trump’s return to office, said Verisk Maplecroft analysts.
COMMENT: With Trump back in the White House, Europe may need to turn to Turkey to strengthen its security
Analyst suggests EU cannot hope to deter Russia effectively without closer cooperation with Ankara.
Emerging Europe split between eager anticipation and wary acceptance ahead of Trump inauguration
For some leaders in Central and Southeast Europe, the new Trump presidency is seen as a opportunity; for others it’s a challenge to navigate carefully.
Polish central bank NBP turns up hawkish message as it holds rates at 5.75% again
Poland's Monetary Policy Council, the rate-setting body of the National Bank of Poland (NBP), kept the central bank’s reference interest rate unchanged once again at 5.75% on January 16.
Polish President Duda says Ukraine should join Nato as soon as possible
Ukraine’s best option to ensure national security will be to join Nato in the “near future,” President Andrzej Duda said on January 15 as he hosted his Ukrainian counterpart Volodymyr Zelenskiy in Warsaw.
Polish current account down slightly in November to 0.2% of GDP on German weakness
Poland’s external current account surplus declined in November, falling to 0.2% of GDP on a 12-month rolling basis, down from 0.4% in October, according to data from the National Bank of Poland (NBP), ING reports.