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German daily newspapers report that it started to cloud over Polish economy, which had recently begun to shrink. They compare today’s recession with the crisis of 2009 and claim that the situation today is even worse than it was. According to today’s German daily newspaper Handelsblatt – the country, thought to be the economy engine, does not produce anymore steam. Poland, being the only European Union county which was not affected by the world crisis in 2009, is apparently losing the economy burst. According to the data from Central Statistical Office – the GDP of the third quarter of this year increased in no more that 0,4 percent in comparison to the previous quarter. It was not so bad even in critical 2009 – during the world economy crisis. During the downturn, when all EU countries were in recession, Polish GDP increased in 1,7 percent. The daily reports that according to the Central Statistical Office the situation is getting even worse due to significant reduction in domestic demand that used to be a driving factor for economic growth in Poland, which rate was immensely higher than the average one in EU. In the meantime, according to media reports, the majority of Poles are afraid of upcoming crisis , save up and drastically cut expenditures. As stated in an article published in Financial Times Deutschland, the fact that quantity of foreign orders and employment increased in comparison with the previous month – will not have a notable impact on the existing situation.
On 22 July this year, the Council of Ministers published the objectives of the Minimum Wage Bill in its schedule of legislative and programme work. The Bill is to transpose Directive (EU) 2022/2041 of the European Parliament and of the Council of 19 October 2022 on adequate minimum wages in the European Union into Polish law.
The Bill:
- lays down the rules and procedure for setting and updating the minimum wage,
- appoints the Social Dialogue Council as a consultative body competent in matters related to setting and updating the minimum wage,
- regulates the reporting of the minimum wage,
- lays down the rules and procedure for setting and paying the minimum hourly rate.
Aid for energy-intensive sectors due to prices of natural gas and electricity in 2024. A new round of aid for energy-intensive sectors in connection with increased prices of natural gas and electricity will become available soon.
This will be the third scheme implementing the Act of 29 September 2022 on business aid schemes due to the energy market situation in 2022-2024.
Thu, Jul 25, 2024 10:00 AM - 11:15 AM CEST - Reden wir über Whistleblowing in Europa! Treffen Sie Experten aus Deutschland, Polen und Spanien beim Internationalen Experten-Rundtisch, einer Veranstaltung, die ganz dem Schutz von Hinweisgebern gewidmet ist. Erwerben Sie Expertenwissen über die Umsetzung von Whistleblowing-Praktiken in verschiedenen Ländern.
czytaj więcejThe Whistleblower Protection Act was published in the Journal of Laws on 24 June 2024. It introduces new requirements for, among other things, entities hiring at least 50 people. Smaller entities can also implement the solutions foreseen by this statute.
The obliged entities listed in the Whistleblower Protection Act have only three months to establish:
- effective, safe, confidential or anonymous channels for reporting breaches,
- procedure for reporting breaches (whistleblowing procedure),
- records of reports received.
International Expert Roundtable: e-Invoicing System (Poland, Germany, Romania, Turkey)
Event date 20 February 2024 online (the webinar will be in English)
Begin - end 10:00-11:15
A revolution in invoicing is coming. Is your company ready for it?
The e-invoicing system is a revolutionary tool for issuing and sharing structured invoices. Many countries are already using e-invoices in their daily work. How do you prepare to implement the system in your organisation? How does e-invoicing work in other countries?
Join us for a live-webinar where Rödl & Partner experts will describe the implementation of the e-Invoicing System in their countries: Poland, Germany, Romania and Turkey.