Poland’s GDP jumps ahead in Q2

Michael Dembinski

Beating analysts’ and indeed ministers’ expectations, official figures for Poland’s economic growth for the second quarter of this year are very positive. GDP grew by 3.5% year on year.

August 30th, 2010
2508.2010

Poland’s universities ‘not preparing students for work’

Michael Dembinski

To Deloitte’s Warsaw HQ this morning for the latest meeting of the BPCC’s HR Policy Group, at which Deloitte unveiled the results of its survey of Polish students’ attitudes towards the labour market. The results should be a wake-up call for any company looking to recruit graduates in forthcoming years.

1608.2010

Another record half-year in Polish UK trade

Michael Dembinski

The latest trade figures from the Office of National Statistics show a huge surge in bilateral trade between the UK and Poland, as usual with Polish exporters showing more dynamism than British ones. Nevertheless the trade stats are most encouraging. 

0408.2010

Poland’s public finances: VAT - the easy option

Michael Dembinski

The government has announced that the basic rate of VAT is to go up in the New Year from 22% to 23%. VAT on unprocessed food (milk, fruit, vegetables etc) is to go up from 3% to 5%, while the VAT on processed food (sausage, cheese etc) will go down from 7% to 5%. The rate for medicines, rent, water and waste collection will rise from 7% to 8%. All of this is expected to bring in 5 billion zlotys. But is it enough?

0308.2010

A taste of Britain - in Poland?

Michael Dembinski

Any ex-pat Brit living in Poland will bemoan the absense of certain comfort foods from home, which are noticably unavailable on Polish supermarket shelves. But why is this? I spent two hours this morning with Jeff Bean, International Trade Adviser from  UK Trade & Investment’s North Eastern Region international trade office.