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Tusk outlines economic reform plan for 2010-2011

Prime Minister Donald Tusk on 29 January unveiled a “Plan for the Development and Consolidation of Public Finances”, a wide-ranging set of reform measures to be implemented over 2010-2011 in a bid to reduce ... more »
2010-01-31
 

Employers to pay new contributions for two categories of workers

Companies which employ persons working in special (dangerous) conditions, such as pilots, steel workers or train drivers – a group of about 300,000 people – will as of 2010 be required to pay a special monthly ... more »
2009-12-31
 

EBRD to inject fresh €400m into Polish banking sector in 2010

The European Bank for Reconstruction and Development (EBRD) will maintain this year’s level of lending to Polish banks, estimated at over €400m, also in 2010, Peter Reiniger, the EBRD’s Business ... more »
2009-12-04
 

Business-friendly amendment to VAT law

President Lech Kaczynski on 5 November signed off on an amendment to the VAT act that transposes into the Polish legal system three EU directives regarding VAT collection and reporting. According to the government, ... more »
2009-11-10
 

More small companies to be spared burden of VAT registration

The government on 20 October approved draft legislation that would significantly raise the turnover threshold beyond which companies must register for VAT. Many thousands of small companies will avoid registering ... more »
2009-10-23
 

Employers to file workers’ tax returns from 2011

Employers will be made responsible for the calculation and filing of the income-tax returns of their employees effective from 2011, under amendments to the Tax Code and the Personal Income Tax Act passed by the Sejm ... more »
2009-09-26
 

Government unveils draft 2010 budget

The government on 8 September approved the draft budget for 2010. It envisages a sharp increase in the budget deficit, to PLN 52.2bn (approx. €12.6bn), or 3.8% of GDP, due to a combination of significantly lower ... more »
2009-09-11
 

Government to slash over 30,000 public sector jobs

The government has outlined a plan to cut at least 10% of public sector jobs by the middle of 2010, as part of efforts to reduce public spending amid the fiscal pressures caused by the economic downturn. It also plans to ... more »
2009-08-18
 

President signs off on job protection package

President Lech Kaczynski on 30 July signed into law a bill designed to protect jobs and help companies amid the economic downturn, first unveiled by the government in June. The bill, which forms an important part of ... more »
2009-07-31
 

Ecofin puts Poland under excessive deficit procedure

The Ecofin Council of EU economy and finance ministers on 7 July formally opened the excessive deficit procedure against Poland (as well as Latvia, Lithuania, Malta and Romania), thus acting on a recommendation issued ... more »
2009-07-09
 

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