The EC’s decision to start an in-depth investigation into Poland’s tax on the retail sector is undoubtedly right as this additional tax imposed on large stores is unjustified and harmful. It should be up to a consumer’s individual choice where to go shopping.
Taking a loan in a foreign currency puts both borrowers and banks at risk. At the time of signing the contract, both providers and takers neglected the possible weakening of Polish zloty, believing in its further strengthening. Besides the fact that one can easily learn about it from various sources, the majority of borrowers knew that such a danger exists.
A need for deregulation in Poland is recognized by the vast majority of both experts and politicians. Calls for deregulation echo in subsequent election campaigns, though to little effect. So why, despite a seemingly broad consensus, deregulation in Poland remains a problem?
Ageing of the Polish society means that every year more and more people will reach the retirement age. At the same time, the number of people of working age will be decreasing. In this context, it appears that the pension system reform implemented in 1999 introduced a not very fortunate principle to the Polish pension system.
It is definitely not a small amount; in 2012 alone the expenditure of the state oscillated around 680 billion PLN, and speaking more lucidly, 18,261 PLN per person.
The addition of the fully-funded pillar to the pre-existent PAYG pension systems increases the security of a pension