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LMC

Legislation Monitoring Centre
 
In Poland there is neither an internet portal nor an institution for employers responsible for monitoring the legislation process of regulations that determine the rules for business activity. At present employers  learn about changes in the law mainly from mass media or simply through the grapevine, usually with delay.

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Poland becomes a new export power

12-08-2013

The increase in the current account deficit from Euro 165 million in May to Euro 574 million in June, which means an increase of Euro 409 million, is a considerable surprise.

 

- We have taken note of such a surplus, for the first time in the twenty-first century, for three months in a row – points out an expert of the Employers of Poland, Łukasz Kozłowski. He does not believe, however, in a possibility to maintain a positive balance in the current account for the next few months. – Stronger and stronger economic recovery will make the dynamics of imports outweigh the increase in exports - says Kozłowski. - On the other hand, it seems that the recent data was not an accidental result of extraordinary events, but it bears evidence of an increasingly strong export-friendly orientation of our economy.