At a time when many central banks conduct a monetary policy based on near-zero or negative policy rates, expectations — not only of future interest rates, but also inflation — are playing an increasingly significant role....
Poland has one of the cheapest food in the European Union. The only country with cheaper food in Europe is Macedonia.
Central and Southeast European (CSE) countries without doubt appear to be the ones with the lowest prices in the European Union. Poles, Hungarians or Romanians pay less for basic food products than Danes, Swedes or Brits.
Central European countries want to play a more important role in the European Union and such initiatives as the Visegrad Group are meant to help achieving that goal.