For months, the Union of Entrepreneurs and Employers has been proposing to introduce a uniform 5% VAT rate for the entire food catering industry. Contrary to public opinion, the essence of this change is not the idea to increase the demand for these services by lowering prices. A lower VAT rate would benefit restaurateurs whose activities would become much more profitable after re-opening, which would in turn enable them to recover in spite of a lower turnover…

On 4th March 2021, the European Commission presented the European Pillar of Social Rights Action Plan. The European Pillar of Social Rights (EPSR) is a set of 20 principles that were announced in 2017 at the Social Summit for Fair Jobs and Growth in Gothenburg, Sweden. The a vision of Europe possessing a strong social aspect has become one of the political objectives of the European Commission under the leadership of Ursula von der Leyen…

The economy of the Republic of Poland is still in the period of its greatest slowdown in decades. It seems that the impact of the pandemic on the economy is weakening (hopefully permanently) and the prospects of development are looking rather good. Further recovery of economic activity can be expected, supported not only by private, but also public investments. Perhaps, in the longer term, we will benefit from the redevelopment of supply chains (should this take place) and a partial reallocation of production back to Europe…