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Domanski Sees Poland "On a Roll" With Inbound Investment

POLAND
  • FinMin Domanski spoke late on Friday to state the focus for the EU Presidency in 2025 will be on defence spending, with Poland planning to intensify the push when Warsaw adopts the Presidency. Domanski called for renewed solidarity. Separately, he stated that Poland is "on a roll" with international investment and is the best place to invest across Europe.
  • Rzeczpospolita writes that the price of food, household cleaning supplies grew by 3.2% from April 1st - 15th due to the government's decision to raise VAT at the beginning of the month. The piece cites UCE Research and the WSB Merito index. The piece writes that despite the "hype" that Poles would not feel the return of VAT, it is already happening.
  • Elsewhere, a pledge to remove a planned car tax will likely not go ahead due to talks and conditions surrounding EU recovery funds, according to Gazeta Syborwcza.
  • Data due Monday includes average gross wages, employment, industrial output and PPI data for March. Data crosses at 10am local time (0900BST). Duda makes press appearances following his visit to Canada later today, after the markets close.
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