Poland Financial News

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

Ukraine is filing a complaint at the World Trade Organization against Hungary, Poland and Slovakia after they banned grain and other food products coming from the war-torn country

Poland has begun enforcing an entry ban on all Russian-registered passenger cars seeking to enter the country

Farmers across Bulgaria protested Monday after the government lifted a ban on food products from Ukraine, complaining that the move will cause an influx that drives down prices for local growers

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.

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VFS Global, which manages visa applications for more than 50 countries, says it has from January to June 2023 processed well over 30 lakh visa applications in India as opposed to 60 lakh in all of 2019 which had faced none of the challenges currently being seen. The travel momentum continues even after two major tourism destination — the US and Europe — have longer interview wait time, appointment count capping, etc. Incidentally, 2019 was a record year for visa lodgments in India which 2023 is now all set to better. The numbers would have been higher had it not been for the processing limitations being faced by the US and Schengen States, say several travel industry veterans. “We are expecting to surpass pre-pandemic visa applications volumes by this calendar year end. There has been a robust rebound in outbound travel sentiments. Despite initial skepticism, the level of bounce back has resulted in a demand-supply gap,” VFS Global COO (South Asia) Prabuddha Sen told TOI. US B1 (business) and B2 (visitor) visa applicants are facing a current wait time of 1.5 year long for the interview. According to the leading travel agents, all the Schengen countries — barring Norway and Sweden — have an visa appointment count capping which means only about half of the number of Indians desiring to travel are able to secure an appointment.

Pius XII knew details about the Nazi attempt to exterminate Jews in the Holocaust as early as 1942, according to a letter found in the Vatican archives that conflicts with the Holy See's official position at the time that the information it had was vague and unverified. The yellowed, typewritten letter, reproduced in Italy's Corriere della Sera on Sunday, is highly significant because it was discovered by an in-house Vatican archivist and made public with the encouragement of Holy See officials. The letter, dated Dec.

Poland has begun enforcing an entry ban on all Russian-registered passenger cars seeking to enter the country

Crypto startup Ramp Network has integrated Pix, a payment method offered by the Central Bank of Brazil.

The European Union has decided not to renew a ban on Ukrainian food imports heading to nearby countries

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.

A report says Poland is losing large numbers of Ukrainian refugees from its workforce as they travel to Germany to seek higher wages and government benefits in the rich Western economy

As we move into September, financial markets are gearing up for potentially higher volatility after a relatively calm holiday season.

Poland's prime minister says his government will not lift its embargo on imports of Ukrainian grain as scheduled Friday because it would hurt Polish farmers

Four years after taking Legend Corp off the ASX, private equity outfit Adamantem Capital is placing the electrical and industrial distribution platform play up for sale, bringing on Miles Advisory to pitch the restructured business to trade buyers.

Nazis during World War II for hiding Jews, will be beatified Sunday, the first time an entire family is given one of Catholicism's highest honours. The ceremony in the family's hometown of Markowa in south-east Poland will be attended by over 30,000 people, including 80 bishops, 1,000 priests, the country's chief rabbi and an Israeli delegation. It was there, on March 24, 1944, that German police acting on a tip-off shot dead Jozef Ulma and his wife Wiktoria, who was seven months pregnant and partially gave birth during the execution. Their children, Stanislawa, Barbara, Wladyslav, Franciszek, Antoni and Maria, aged between two and eight, were killed too, along with the eight Jews the family had been hiding in the attic. The eight — Shaul Goldmann and his five children, including his daughter Lea Didner and her five-year-old daughter, and Golda Gruenfeld — were also shot, before the family farmhouse was looted and set on fire.

Poland’s conservative governing party and the opposition has showered potential voters with promises as the country's political parties revealed their campaign programs before the Oct. 15 parliamentary election

The German government says it will keep two subsidiaries of Russian oil giant Rosneft under the control of German authorities for another six months

The governor of Poland’s central bank says its large interest rate cut is justified despite high inflation because prices are stabilizing and the era of high inflation is ending

Poland’s central bank has lowered its interest rates by 75 basis points despite the country’s double-digit inflation rate