A programme for high-efficiency cogeneration from biogas produced from biomass has received approval from the European Investment Bank (EIB); it will have a budget of PLN 1 billion (EUR 238.2 mln) from the EU Modernisation Fund, Polish National Fund for Environmental Protection and Water Management NFOSiGW said in a statement.
Poland's macroprudential body KSF-M has decided to uphold its previous recommendation on the amount of the countercyclical buffer rate, the release following the KSF-M meeting stated.
Poland's macroprudential body KSF-M during the meeting identified a new source of risk in the Polish financial system and its environment related to the application of the sanction of free credit (SKD), the KSF-M said in a statement after the regular meeting. In KSF-M's view, the legal and regulatory risks associated with the free credit sanction may create significant costs for banks.
Polish local government units recorded a deficit of PLN 800 million (EUR 190.56 mln) in 2024, the Ministry of Finance said in a prospectus document for Polish bonds.
Poland's largest energy concern Orlen has commissioned two liquefied natural gas (LNG) carriers, purpose-built for the group, the group said in a press release. Each of the newly commissioned LNG tankers can deliver enough gas to power up to two million Polish households.
Poland's central bank NBP increased its gold reserves in February to 15.443 million ounces from 14.511 million ounces in January, NBP said in a statement.
Poland's projected burden of repaying government debt over the next 12 months amounted to EUR 6.355 billion at the end of February 2025, against EUR 7.585 billion a month earlier, Poland's central bank NBP data showed.
Poland's government has, by way of circulation, adopted the draft of the Ministry of Climate and Environment (MKiS) liberalising the distance requirements for investments in onshore wind farms, Prime Minister's office KPRM reported on its website. The estimated increase in energy from wind farms by 2030 is around 6 gigawatts.
Listed housing developer Atal aims to sell 2,500 apartments throughout 2025, representatives told during a video conference. The company also targets a net margin of approximately 21 percent for the year.
National Bank of Poland referential fixing rates for Polish zloty (PLN) to foreign currencies, as announced for 2025-03-21
The Finance Ministry has estimated that increasing the tax-free allowance to PLN 60,000 (EUR 14,298) in 2026 would reduce state budget revenues by PLN 55.9 billion (EUR 13.3 bln), the ministry said in response to a parliamentary question. The ministry clarified that such tax changes will only be feasible under favourable economic and geopolitical conditions.