Economy

In late August 2025, the Institute for Economic Research and Policy Consulting (IER) released the results of its 40th monthly Business Tendency Survey, covering 474 industrial enterprises across Ukraine. The findings paint a picture of cautious optimism in the short term, but deep uncertainty over the longer horizon.

Ukraine has been part of the Trans-European Transport Network (TEN-T) since 2017, when the European Union officially extended it to Eastern Partnership countries. For the first time, Ukrainian roads were included in the TEN-T map as part of a network ensuring strategic connections with EU member states. This became the foundation for integrating Ukrainian infrastructure into the unified European transport space.

Ukraine\'s economy experienced a temporary bump in August 2025, with real GDP growth accelerating to an estimated 8% year-over-year after a slight decline in July, according to the latest Monthly Economic Monitoring report from the Institute for Economic Research and Policy Consulting.

European policymakers and large exporters are increasingly uneasy about the euro’s rise — particularly against the U.S. dollar. But this concern is misplaced. Like arguments for tariffs, it mistakes accounting effects for economic damage. A stronger euro does not weaken Europe; it strengthens it.

The European Union finds itself in a paradoxical situation. The population is ageing, the economy is stagnating, and at the same time, vast sums of citizens\' savings are lying idle in bank deposits. According to the European Commission, 31% of Europeans\' savings are unused in bank accounts. In contrast, Americans put their money to work much more efficiently, keeping three times less cash under the mattress.

The government’s migration strategy is disappointing. The long-awaited comprehensive document turns out to be a brief collection of short statements lacking deeper analysis. However, one can hope that this document is merely a starting point for a broader debate on a genuine migration strategy, which will soon be presented. This communication outlines three potential opportunities and three key risks that may arise from the proposed approach.

Prime Minister Donald Tusk’s and Minister Andrzej Domański’s speech at the Warsaw Stock Exchange (WSE) has generated significant attention in the media. Using bold historical comparisons, the Prime Minister presented a bright vision of Poland surpassing Western countries in living standards. The key to achieving this goal, he argued, lies in investment.

Karol Nawrocki has been the President of Poland since 6 August 2025. During the election campaign, the president-elect made it clear that he would not support government bills aimed at restoring constitutional order in the judiciary — including those concerning the status of so-called “neo-judges” or repairing the Constitutional Tribunal.

Deputy Prime Minister and Minister of Digital Affairs Krzysztof Gawkowski recently announced plans to introduce a digital tax in Poland on the revenues or profits of big tech corporations operating in the country.¹ The funds raised would be used to subsidize the development of Polish companies and start-ups in the digital technology sector and media.

With iron regularity, texts appear in the public sphere about powerful lobby groups influencing politics, or even dictating to governments what legislation to adopt and what policies to pursue domestically and internationally. First, we need to analyze the idea of a wealthy entrepreneur who, instead of developing their business in a \'market-oriented\' way, spends their time trying to convince politicians to secure advantages for their business from the state.