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2021 was a year of economic rebound after the crisis caused by the COVID-19 epidemic a year before. Economy’s return to a state of ‘relative normal’ after a period of lockdowns and restrictions does not mean, however, that the risk related to the pandemic have disappeared from the landscape entirely…
Opinion of the Chief Economist of the Union of Entrepreneurs and Employers on rising prices of raw materials for energy
Prices of raw materials used for energy production have increased drastically over the last year. It was all the more dramatic as the recession that took place due to the COVID-19 pandemic lowered those prices “temporarily” to their lowest levels in more than a decade. Over a dozen or so months, prices rose from exceptionally low to extremely high…
Commentary of the Union of Entrepreneurs and Employers on the European minimum wage
On 11th November 2021, the European Parliament’s Committee on Employment and Social Affairs (EMPL) adopted the Parliament’s position regarding the European Commission’s proposal for a directive on adequate minimum wages in the European Union. The position provides for making part of the proposals contained in the draft directive stricter…
Commentary of the Union of Entrepreneurs and Employers on the announcement of the “Anti-Inflation Shield”
Prime Minister of the Republic of Poland Mateusz Morawiecki presented today his plan to introduce an “Anti-Inflation Shield”. This package of solutions consists to a large extent of a series of temporary tax cuts, mainly concerning VAT and excise duty. The initiative to reduce these burdens considering rapidly growing inflation is in our view worth supporting…