Poland, Business Partner of China

August 5, 2014
Polish Dragon (in Kraków)

Polish Dragon (in Kraków)

On 30 June, Warsaw was visited by representatives of one of the largest provinces in China: Shandong. During the meeting, which included 90 companies from Shandong province, the head of the Polish Information and Foreign Investment Agency (PAIiIZ) Sławomir Majdan encouraged Chinese entrepreneurs to enter the Polish market. He also emphasised that Poland has been one of Europe’s top countries in terms of development during the global economic crisis. “We want Chinese companies to play an important role in the creation of new jobs in Poland as well as participating in Polish reindustrialisation,” said the head of PAIiIZ. Grażyna Hanclewska, deputy Minister of Economy, noted that China is Poland’s largest trading partner in Asia. “We are also interested in developing cooperation with particular provinces,” she said. According to Hanclewska the prospective areas of Polish-Chinese economic cooperation are: environmental protection, energy, metallurgical industry, machinery, chemical, agricultural, food, construction, transport and mining. “All forms of cooperation related to modern technologies are important for Poland,” she added. Grażyna Hanclewska also stressed that Poland is the EU leader when it comes to economic growth. “For more than 20 years Poland has consistently had positive economic growth,” emphasised the deputy minister. Also deputy Minister of Foreign Affairs Katarzyna Kacperczyk argued that the prospects for the Polish economy are good and she added that Polish foreign trade and Polish entrepreneurship is developing rapidly. According to the deputy governor of Shandong Province Xia Geng, Poland continues to be China’s strategic trade partner in Central Europe. He also stated that Poland has great potential and trade between the two countries is growing every year. Data from the Ministry of Economy shows that in 2013 exports of Polish goods to China amounted to $2.1 billion dollars. Chinese imports to Poland amounted to over $19 billion.
polskieradio.pl

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First Job, Then Marriage

July 29, 2014
But Most Prefer a Job

But Most Prefer a Job

People without their own source of income are postponing plans to start a family. Therefore, the number of marriages has fallen over the past five years, according to Dziennik Gazeta Prawna, based on data of the Central Statistical Office (GUS). The data show that during the past year, 29,000 newlyweds did not have their own source of income and were living on solely one partner’s or relatives’ saved money. This is, however, considerably less than it was during 2002-2003, which were the worst years in this respect. According to Janusz Czapiński, a social psychologist at the University of Warsaw, the cause of these positive changes is the improvement of the situation on the labour market, although it is still extremely difficult. There are also many more adult Poles aged 25-34, who still live with their parents. In the years 2005-2013 alone this number increased by 700,000 to 2.8 million people.
fakty.interia.pl

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Kaczyński’s Accusations

July 22, 2014
Pointing the Finger

Pointing the Finger

During one of his recent speeches, Jarosław Kaczyński of Law and Justice (PiS) criticised the Polish economy, healthcare and education systems. According to the PiS head, none of these areas are in a satisfactory condition. Rising unemployment has resulted in mass emigration to highly developed countries where career opportunities are significantly more varied and attainable. Kaczyński also mentioned that Polish healthcare cannot be trusted. Nowadays, it seems that it is more profitable to let seriously ill patients die than help them. He continued saying that the procedures of making appointments are so complicated and time-consuming that many patients have to wait months to visit a specialist. In addition, social assistance is not available to all those who need it. There are thousands of families that do not receive any support from the government and as a result, there is a large number of undernourished children in Poland. In his speech, opposition leader Kaczyński did not forget about the Polish education system and said that educational programmes in Poland need to be entirely reorganised. He said that the issue of textbooks should also be resolved – constantly changing textbooks do not improve the quality of education but only worsen the financial situation of many families. PM Donald Tusk replied to these comments. He claimed that many young people have managed to find well-paid jobs over the last months in Poland, while the level of emigration is now much lower than in 2008. When it comes to the problem of healthcare in Poland, he said that the government is currently working on a new bill that aims at improving all complicated procedures that prevent patients from obtaining the necessary care. Last but not least, he touched upon the issue of social assistance. He explained that the amount of income per family has been raised so as to enable more citizens to receive financial benefits. According to The Economist, Tusk is the one who is correct. As the magazine reports, Poland is treated by most European countries with great respect due to the progress it has made during the global economic crisis.
wyborcza.pl

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Marilyn Monroe in Wrocław

June 30, 2014
Marilyn

Marilyn

A collection of 3,000 photographs of Marilyn Monroe taken by one of the best-known fashion and film star photographers, Milton H. Greene, was put up for auction by DESA Unicum. The unique collection, which belonged to the Foreign Debt Service Fund since the mid-90s, was bought by Wrocław-based Hala Ludowa for PLN 6.4 million, making it the biggest one-off transaction on the Polish art market ever. The head of the company Andrzej Baworowski said that the collection is worth approximately PLN 18-24 million. The collection features many well-known photographs and also many never seen by the public before. A new museum will be created in Wrocław especially for the collection, which also contains approximately 100 photographs of Marlene Dietrich. The mayor of Wrocław explained that the purchase is an investment and also that Wrocław hopes to win the Melina Mercouri prize (PLN 1.5 million) for the European Capital of Culture. He has assured Wrocław residents that he has already started looking for private sponsors who will support the undertaking. The mayor was in favour of the purchase because he believes that apart from the Racławice Panorama and the original “Pan Tadeusz” by Adam Mickiewicz (Poland’s national bard), Wrocław can profit from another new international attraction. However, many believe that the investment is a “costly whim” and they doubt if it will changes the cultural line of the city.
wyborcza.pl

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Saving for a Holiday

June 20, 2014
Dream On!

Dream on!

Taking out loans for holidays is much more expensive than it seems, according to experts. The beginning of the summer is often the time when a large proportion of Polish people come to the conclusion that they did not manage to save enough money for holidays during the year. Institutions that offer loans and credit schemes most often benefit from this situation and intensify their marketing campaigns in order to take advantage of the climate. Łukasz Bugaj, a financial analyst from the BOŚ brokerage house, reminds us that despite the fact that loans often have attractive names, they still remain the most expensive way of financing a holiday. Bugaj adds that when repaying the instalments on such loans, we not only have to bear the costs of our summer vacation but the interest on the loan itself. Bugaj states that the best way to strike a financial balance is to be disciplined when spending money. He emphasises that having a balance throughout the year is not only beneficial when trying to save for our holidays but also for our finances in general.
turystyka.wp.pl

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Living with Parents

June 19, 2014
Common Situation

Common Situation

More than 50% of young people in Poland do not want to move out from their parents. They do not earn enough to live on their own, and the majority of them do not work on a full-time basis, rather on contract, which precludes them from being able to acquire a mortgage for a home. According to Rzeczpospolita, exactly 53% of people between the ages of 18 and 35 are still living with their parents. According to a KRD Economic Information Bureau report on the financial situation of young people in Poland, even though one third of the respondents are people in their thirties, they are in no hurry to move away from home. This applies to 69% of respondents living in the countryside and 30% living in the city. However, social psychologist Professor Janusz Czapiński points out that this situation varies from city to city, town to town. In large cities, such as Warsaw, renting a flat is extremely expensive. Research shows that 50% of young Varsovians prefer to live with their parents. Experts point out that this phenomenon is caused by financial factors, however, they are also convinced that even if the economy improved, and people had no trouble getting well-paid jobs, a large number of young people would still choose to live with their parents. Professor Czapiński notes that the attitude in Poland mirrors that of southern Europe, where tradition dictates that people leave the family home as late as possible.
tvn24bis.pl

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Poles Opt for Safe Holidays

June 19, 2014
Staying Safe

Staying Safe

Polish people, like everyone else, want to feel safe during vacation time. Increasingly more tourists are purchasing private insurance policies. Holidaymakers are slowly learning that private holiday insurance is a better idea than the free European Health Insurance Card (EHIC) or insurance acquired from a travel agent. This year, approximately two-thirds of vacationing Poles decided to take out private holiday insurance. The number of people who have chosen private policies has increased by 10% from last year, according to Gazeta Wyborcza. 63% of respondents will buy their own insurance for their vacation, according to the “Turystyka po polsku” (Tourism in Polish) research poll, conducted by Liberty Direct in cooperation with ARC Rynek i Opinia. “Many tourists are simply not aware of the costs of medical expenses abroad, which can be extremely high if we are not insured,” says Ilona Tomaszewska, a travel insurance expert at Liberty Direct.
Gazeta Wyborcza

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