Tag : Poland

Innovation in Poland – Addressing the €10 billion Question

International Finance DeskSeptember 20, 2013

by International Finance DeskSeptember 20, 2013

Innovation is considered a key component for growth in Poland and the country is utilizing €10 billion in structural funds from the European Union to stimulate commercially oriented research, particularly in the private sector. 20th September Poland, as a high income country, is committed to fostering sustainable income growth for the bottom 40% of its...

Banking

Poland: Reforming the Public Sector Pay System

International Finance DeskJuly 29, 2013

by International Finance DeskJuly 29, 2013

With Poland’s difficult fiscal situation, the public sector wages have been frozen since 2010. The Government now anticipates that pressures may arise to increase wages. July 29, 2013: In Poland, the percentage of the workforce employed in public administration is not particularly high, at least by European standards. Overall spending on public sector wages, at...