City Warsaw Financial News

The Polish prime minister and a top EU leader say that the European Union will by year’s end transfer to Poland the first 5 billion euros in funding that was frozen over democratic backsliding under the previous government in Warsaw

Crypto banking firm, BCB Group, announced the departure of CEO Oliver von Landsberg-Sadie today following the exits of two other executives, according to a company email sent Wednesday.

Poland is expected to receive more than 5 billion euros ($5.5 billion) in EU funds after the European Commission gave a positive assessment of the country’s revised plan for green reforms and investments

Russia’s pivot to the Global South, Western, South and Central Asia is strategic and long-term. While Moscow’s partnership with New Delhi has deep mental and cultural roots, Russia-China ties does not have dimension of a military alliance, Prof. Alexander Dynkin, President of IMEMO (Russia’s top think tank) & leading economist tells ET’s Dipanjan Roy Chaudhury ahead of Primakov Readings (Russia’s premier foreign policy forum) in Moscow on October 27-28.

Nearing the end of a tumultuous year for assets in developing countries, emerging-market currencies are poised for the best performance since 2017 as a late rally pushes investors to lock in higher yields while they still can.

By Anna Koper

London | IFM Investors has shrugged off a Europe-wide squeeze on infrastructure projects, winning a Polish tender to build and run a passenger and cargo airport at the centre of a $12 billion regional transport hub.

Polish politician Donald Tusk is in Brussels seeking to repair his country's ties with the European Union

here. EUROPEANS HAVE it pretty good. Their cities, especially in the western half of the continent, are in general splendid places to live.

WARSAW (Reuters) -Polish police negotiators persuaded a man to come down from a monument in a central Warsaw square, a spokesperson said, putting an end to an incident that had seen part of the capital cordoned off amid reports of a bomb threat.

By Karl Badohal, Pawel Florkiewicz and Gergely Szakacs

Pope Francis’ views on Russia and its invasion of Ukraine are alienating many Catholics in Central and Eastern Europe, who believe that the pontiff is understating Russia’s historic expansionism in the region and the threat it poses today. The pope’s recent praise of the 18th-century Russian empire that subjugated Ukraine stirred outrage well beyond Ukraine itself.

WARSAW — When it comes to financial crime, banks can often be «one decision away from a huge mess,» Martin Markiewicz, CEO of Silent Eight told CNBC.

German government officials have held talks with their Polish counterparts asking them to clarify how many visas were issued in an illegal program in which some Polish consulates issued visas in Africa and Asia in exchange for bribes

Read more of our recent coverage of the Ukraine war “Poles are conservative," complains Ernest Suleimanov, who in January opened Warsaw’s first Crimean Tatar restaurant. Customers love his chebureki (meat pastries) but have trouble with the digital menus that are ubiquitous in tech-savvy Ukraine. Mr Suleimanov is one of more than a million Ukrainians living in Poland, many of them refugees from Russia’s invasion.

WARSAW—Russia’s blockage of Ukrainian food exports has become a painful political issue next door in the European Union. EU authorities must decide Friday whether to extend a ban preventing Ukrainian grain from being sold in neighboring EU countries, an issue that has sparked a rift between Kyiv and Poland, one of the Ukrainian government’s strongest backers in the war. The temporary ban, aimed at keeping out cheaper exports, expires at midnight Friday.

NATO member plans to spend more than four percent of its gross domestic product on defence next year amid security concerns over the war in neighbouring Ukraine. He announced the sum of 137 billion zloty ($33 billion) at the opening of this year's edition of the region's biggest trade fair for military equipment, the MSPO in Kielce, Poland. «When we see the emerging danger beyond our eastern border… we know perfectly well — history and experience has taught us this — that any price is worth paying to ensure that Poland is free, sovereign, independent and that Poles can live in safety,» Duda said. «Next year, we plan to spend 137 billion zloty on defence. That is more than four percent of our GDP,» he added, quoted by the Polish news agency PAP. That is an increase on the four percent of GDP Poland had pledged to spend on defence this year and much more than the 2 percent agreed by NATO allies. Poland has shown itself to be a staunch ally of Ukraine ever since Russia's invasion last year. More recently, Warsaw has also been sounding the alarm on threats that it says its other neighbour to the east — Belarus — poses, warning against «provocations» especially involving the Wagner mercenary group currently based there. Warsaw has signed multiple arm deals, including with the United States and South Korea, from whom it ordered K2 «Black Panther» tanks and K9 howitzers. Last month, the US approved a $12 billion sale of Apache attack helicopters to Poland, in another example of Warsaw's bid to boost its military capabilities in light of Russia's war in Ukraine. In June, Poland received a first shipment of US-made advanced Abrams tanks.

The European Union seems to have gotten its blockchain king - Poland - judging by the overwhelmingly positive feedback from the attendees of ETH Warsaw.

Blockchain security provider Quantstamp has launched an automated service to detect flash loan attack vectors in smart contracts. The new service is being called Economic Exploit Analysis and is based on research done at the University of Toronto.  

Poland's biggest military parade since the Cold War took place in Warsaw on Tuesday, as the NATO-member country flexes its military muscle in what the government hopes will be both a message to Moscow and to voters ahead of elections in October. Russia's invasion of Ukraine has made boosting the armed forces a priority for Poland's ruling nationalists Law and Justice (PiS), and with the election campaign in full swing the immense display of military hardware provided a chance to burnish their security credentials.