1. Market Research
  2. > Financial Services
  3. > Banking Market Trends
Country Forecast Poland August 2017

Country Forecast Poland August 2017

  • August 2017
  • ID: 1698187
  • Format: PDF
  • The Economist Intelligence Unit

Summary

Table of Contents

Search Inside


Policy towards private enterprise and competition


2017-18: Limited improvements to regulatory environment for businesses amid broader uncertainty. State-controlled institutions increase their presence in some industry sectors, including banking.


2019-21: Renewed efforts at deregulation of professional services start to improve the competitive environment in formerly protected industries, reducing costs for businesses.


Policy towards foreign investment


2017-18: Uncertainty over aspects of the legal framework, tax policy and the role of democratic institutions deters some investors. Progress on privatisation comes to a halt as the government seeks to control strategically important sectors.


2019-21: EU action to enforce fair treatment reduces bias against foreign suppliers for public procurement contracts.


Foreign trade and exchange controls


2017-18: Trade barriers on exports to Russia are maintained. Polish exports to the UK are affected by a slowdown in the UK economy as Brexit approaches. Poland seeks further export diversification. Risk of US-sparked global trade tensions.


2019-21: EU maintains focus on further bilateral trade deals. Risk of no UK-EU deal causing wider disruption to trade.


Taxes


2017-18: Government tax increases target large, often foreign-held, firms to finance welfare spending plans. Extension of higher value-added tax (VAT) rate to 2018. Expected rise in fuel taxes to offset lost revenue from delayed retail tax.


2019-21: Pressure for fiscal consolidation likely to grow. Previously planned cut in VAT takes effect.


Financing


2017-18: Decision not to proceed with conversion plan of foreign-currency-denominated mortgages bolsters sentiment and bank profitability forecasts, supporting outlook for credit growth and helping to offset impact of the 2016 tax on bank assets.


2019-21: The fund set up to restructure foreign-currency-denominated loans works at full capacity and helps to clean balance sheets. As policy improves, more companies raise finance via the stockmarket or by issuing corporate bonds.


The labour market


2017-18: Legislation introduced in 2016 makes it more difficult for employers to dismiss workers. Reduction in the retirement age from late 2017 dampens employment and labour participation trends, and raises pension financing risks.


2019-21: Risk of emerging skills shortages rises amid labour market tightening. The labour code remains restrictive, despite exhortations from the European Commission and business groups. Unit labour costs remain well below OECD average.


Infrastructure


2017-18: Efforts to diversify Poland's energy supplies away from Russia continue. An agreement is signed on the Baltic Pipe, which will transport gas from Norway to Poland via Denmark. Risk of disruptions to gas supply is reduced.


2019-21: The EU's EUR86bn (US$96bn) 2014-20 structural funding programme leads to improvements in infrastructure.



Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Country Forecast Netherlands July 2018

  • $ 579
  • July 2018
  • 1 pages

Policy towards private enterprise and competition 2018-19: The government maintains a liberal stance on private enterprise. In the financial services sector the reprivatisation continues of ABN AMRO, ...

  • Netherlands
  • Banking
  • Pension
  • Industry analysis
  • Gross Domestic Product
  • Foreign Direct Investment

ref:plp2017

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on