Two events have called into question the advancing integration of Ukraine with the European Union. President Petro Poroshenko has acknowledged there is no chance of the Ukrainian government winning the war in eastern Ukraine as...
At least 70 cities and municipalities have already launched their participatory budgets. Their number will grow since they are drivers of popularity and the local elections are scheduled as early as this autumn. Therefore, once...
Polish analysts at the UNDP Project Office calculated Human Development Index for each powiat and city with powiat rights. In many regions it differs surprisingly from the most commonly used index – the gross domestic product.
On the one hand, State Treasury property slowly gains in value, on the other, public debt is mounting rapidly. As it seems, before long, public debt might exceed the value of State Treasury property. Debt increase is common...
The Conference Board, almost a hundred years old global business organisation, published its economic development projections several days ago. The projections say that between 2013 and 2018 Poland’s GDP growth rate would be...
Recession looms over Ukraine. The oligarchs rule. A currency crisis may break loose at any time. Foreign investors demand a high risk premium, some of them retreat. High interest rates hamper domestic investment, while domestic...
The Government has submitted a draft 2013 budget to the Sejm. With the economic growth planned for 2.2%, revenue is to increase by 2.4% in nominal terms and expenditure by 1.9%, excluding the European funds. Analysis of the...
The joy over the record low interest obtained by the Polish government when selling the dollar bonds for USD 2 bn seems justified. Unfortunately, only at first glance.