Poland’s plan to hoist taxes on banks sent investors scurrying for cover amid concerns over the country’s bloated budget.

Poland said operations by Polish and allied aircraft on Thursday related to Russian strikes on Ukraine had concluded and that no violations of Polish airspace were observed. "Due to the reduction in the level of threat from missile strikes by Russian aviation on Ukrainian territory,

Amid discussions about a potential foreign military mission in Ukraine, Warsaw's position remains unchanged - Polish soldiers will not be deployed to Ukraine. Source: Polish radio station RMF FM citing Władysław Kosiniak-Kamysz,

Poland's Finance Ministry said on Friday it was not working on a previously floated idea of taxing interest on banks' required reserves, as banks' shares tumbled following an announcement of plans to hike the corporate income tax they pay.

Poland, one of Ukraine's Western neighbours, is still host to about 1 million Ukrainian refugees who fled after Russia invaded their homeland in February 2022. They have helped fuel Poland's tight labour market and boost economic growth, according to observers, a trend Fitch sees continuing.

Polish bank stocks were weaker after the country’s finance ministry outlined plans to increase the corporate income tax rate paid by lenders in a bid to shore up its budget.

Poland plans to increase the corporate income tax rate paid by banks to 30% in 2026, from the current 19%, to finance increased defence spending, Deputy Finance Minister Jaroslaw Neneman was quoted as saying by the state-controlled news agency PAP.

I knew little about Wroclaw, Poland before visiting, but it turned into my favorite underrated European city. I loved the food, water, and scenery.

While the number of people attending Gamescon indicates that the industry is not in crisis, it is still fighting many battles. These impact the extremely creative Polish games industry.