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High taxes, legal instability, and high labour costs have been the “TOP 3” barriers to doing business according to Polish entrepreneurs since 2019. Legal instability has since then become a much more severe barrier (36% of respondents in 2019, and 51% in 2023), and entrepreneurs in Poland similarly perceive barriers to the development of business activity. Ambiguous, overcomplicated, and unfavourable provisions of the law as well as extensive administrative procedures certainly make the “TOP 3”…

OPINION

Opinion of the Chief Economist of the Union of Entrepreneurs and Employers: inflation and growth – what might take pla...

In January 2023, the consumer price index amounted to more than 17% year-on-year. This is in fact a very high inflation level; one that raises concerns with regard to inflation in the long term (I shall elaborate on that matter separately). This concern is further exacerbated by the fact that price increases in the euro area have clearly slowed down, whereas in Poland there are no signs of such trend. It seems, however, that in spite of negative signals, one should expect disinflation in the short term – judging from the seasonal price dynamics and a number of other factors…
MEMORANDUM

Nuclear energy – Ukrainian experience Poland can draw from

On 7th February 2023, the second debate in the “Energy in the context of Ukraine’s reconstruction” series took place as part of the Union’s project “Europe-Poland-Ukraine. Rebuild Together. 2023”. The discussion titled “Nuclear energy – Ukrainian experience Poland can draw from” was chaired by Dominika Taranko, Director of the Energy and Climate Forum of the Union of Entrepreneurs and Employers…
APPEAL

Appeal of the Union of Entrepreneurs and Employers to Senators of the Republic of Poland with regard to the “10H Act...

Considering the high demand for green energy in Poland, the Union believes that any and all decisions limiting the development of RES constitute a squandered opportunity for our country for numerous new investments, jobs, and a competitive advantage in the CEE region…
PRESS RELEASE

Slightly better business sentiment – The Busometer ZPP for the first half of 2023

Business sentiment for the next six months has improved slightly; however, it remains significantly pessimistic. The overall value of the BUSOMETER sentiment index in companies was 36.4, while the index was 32.4 in the previous research period…
MEMORANDUM

Memorandum of the Union of Entrepreneurs and Employers: in light of the dramatic increase in operating costs, we need a...

Polish entrepreneurs have been struggling with numerous crises and skyrocketing operating costs since 2020. This impacts directly their financial situation. In 1Q 2022, 161 thousand companies suspended business activity, while 104.3 thousand shut it down…
OPINION

Opinion of the Chief Economist of ZPP – summary of 2022 and prospects for 2023

The year 2022 could be called interesting, in the sense in which the Chinese use the curse “may you live in interesting times”.  The beginning of the year brought concerns about inflation (although even pessimists predicted a peak in consumer inflation of approximately 10% year-on-year)…
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