Whole last week investors were interested only in EU summit. Counting on clear plans for Greece crisis, Monday was a day of aggressive buying. When in Thursday it turned out that half of debt of his country will be erased, and EFSF fund will be subsidized by 1 billion euro, the floors exploded with euphoria. Around the globe the indexes jumped.
This reaction is a paradox itself. In normal conditions a news that some bank would bring loses, - like those which own Greece bonds – would cause a deep fall on markets. Now it causes an euphoria. Developing countries are back in the game. The index of developing countries rose this week at level 9%. It is the best result for nearly may 2009 and one of the best in whole 20-year history of the index.
However biggest stock markets were in the spotlight. The capital flew to Brazilian, Chinese, Indian and Russian (BRIC) markets. Between these the WSE was present. WIG20 got 4.5%, but analysts cool down the buzz. It can be only a temporary , technical jump, and in next week we can expect wide sales.
Weaker markets were Hungarian and Turkish markets. The first, could be weaken by criticism of Bank of America and Merrill Lynch for governmental projects for debt reduction. Hungary plans to create a national bank that would help in paying off of monetary credits. The later country is touched by strong earthquake.
EU Carbon Border Adjustment Mechanism: Preparing for the new regulation - The implementation of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) on 1 October 2023 is expected to reshape global trade at large. It is imperative that businesses understand and prepare for the changes that the mechanism will bring about.
Join us for a webcast on 14 February 2023 as KPMG professionals provide insights into the inner workings of CBAM, explore the effect that these measures have on organizations situated both within and outside the EU, and delve into why decarbonisation of production, whether that production is expected to be a key source of competitive advantage for selling into the EU market.
01.12.2022 - During the webinar, Rödl & Partner experts will discuss the latest legislative changes in this area of renewable electricity producers and explain the risks and opportunities associated with RES in the new legal reality.
We have recently seen a series of unprecedented interventions in the electricity market that are changing the situation of renewable electricity producers. On the one hand, both the European Commission and the government intend to impose additional financial burdens on producers, thus limiting their profits from energy sales. On the other hand, we are increasingly aware that renewable energy sources are the foundation of energy independence and security, and we can see changes on the horizon that may facilitate the development of renewable energy in Poland.
23.11.2022 Training - During our webinar, experts from Rödl & Partner Poland will present current opportunities, conditions and possible benefits for investors in Poland. We will point out important topics for investors: tax reliefs, funds & SEZ - why it is worth to invest in Poland. From a tax perspective, we will tell about : VAT, corporate income tax (CIT). We will also touch upon the legal aspects of investments: from possibilities avenues and forms to reporting obligations.
czytaj więcej27.10.2022 Training - Global supply chains have been disrupted by factors such as covid restrictions and covid-related lockdowns, geopolitical tensions and staff shortages. We all know the problems, but where can we find solutions?
czytaj więcejNew investment quarter has started. The agency has received 9 new project, therefore now the PAIiIZ leads 175 investments in total. If all the projects, which total value equals to 3271,85 million euro, are implements, there will be 32 197 of new vacancies created in Poland.
Since the beginning of the year, the agency has implemented 10 projects (162,14 million euro of total value and 2 697 new vacancies). Those investors, who decided to invest to Poland have business in the following fields: aircrafts, BPO, entertaining-scientific, automotive industry, ICT and food processing industry.