The Port will use the land to increase the functionality of port services, with particular emphasis on the construction and operation of offshore wind farms in the Baltic Sea, the port said. The authority has already carried...
Air carriers are requesting state aid from their national governments in order to be able to ride out the slump and the hunt for bailouts is now starting to pick up pace. IATA predicts airlines losses at USD314bn in 2020.
Favorable economic indicators had a positive impact on investment in 2019 in the office, industrial and hotel development markets in Hungary, according to Lóránt Kibédi Varga, managing director of CBRE Hungary. Investment...
Will it, won’t it? The future of the Nord Stream 2 gas pipeline linking Russia and Germany is almost upon us and it’s still no clearer where we are. Poland hopes that the US sanctions will delay the project but is aware...
Fitch expects Poland’s economic growth to ease to 1.8 per cent in 2020 from a previous forecast of 3.3 per cent. A V-shaped recovery should follow in 2021, however, with the economy expanding 3.2 per cent driven by...
New expansionary monetary and fiscal policies have been introduced in Poland to deal with the crisis due to the COVID-19, but with limited fiscal space a key question is how much the currency may depreciate.
As Covid-19 spreads, causing more countries to take counter-measures, Central and Southeast Europe is no exception. ING’s latest report said that collectively it is downgrading the 2020 GDP outlook on the back of virus...
In 2019, total transaction volume in the Polish commercial real estate market was EUR7.8bn, up from EUR7.2bn in 2018, Avison Young advisors said in their latest investment report. Half of the total transaction volume was...
With Poland growing at a rate of over 4 per cent, while its neighbors show tepid growth, Asians have been eyeing investments with South Koreans leading the way in Warsaw real estate. But Poland has another Asian partner on...
Deliveries of Russian gas to Hungary through the TurkStream could start late 2021 or early 2022, state secretary for energy at the Ministry of Innovation and Technology, Péter Kaderják, said. The project creates a "third...