Bakery Fraudulently Took 33 Million PLN from the EU. CBA Concludes Major Investigation and Files Charges

680 invoices, over 145 million PLN in value and nearly 40 million PLN in funds introduced into circulation. This is not a balance of dynamic expansion, but a picture of a process that, according to CBA findings, was intended to defraud public money, inflate costs, and launder money. The Gdańsk Regional Prosecutor’s Office filed a criminal complaint against 10 individuals. The stakes are not only millions of zlotys but also the credibility of the subsidy and control system.

Avalanche of Lawsuits from Nurses, Supreme Court on Their Side. Debt‑Burdened Hospitals Will Pay Millions

Hospitals that are already drowning in debt could pay their staff another million zlotys. It is not a single precedent, but thousands of cases concerning the salaries of nurses and midwives. One person's claim exceeds 100,000 zlotys, and interest, legal costs, and sometimes court enforcement add to that amount. Court bills are now hitting the hospitals.

USD/PLN Dollar Rises Above 3.79 PLN, CHF/PLN Franc Surpasses 4.65 PLN

We start the new week with a sharp reaction in energy commodity prices to the next TACO. The President of the United States has suspended almost a fortnight of attacks on Iran, causing oil price declines. De-escalation news, however, has a moderate impact on forex. The reason is important releases that we will learn about in the second part of the week.

CURRENCIES: Dollar will lose, and EUR/USD awaits a painful collision

The TACO Trump effect on Iran is visible on Monday, but markets are wondering how long it will last.

The US President decided to suspend attacks, which theoretically opens the door to diplomatic solutions, but the US will not buy time for itself.

Their position in this conflict is weakening, and Tehran controls the so‑called escalation ladder, as shown by Yemeni Houthi attacks in the Bab al‑Mandab Strait last week.

Żabka Shares Plunge! Japanese Withdraw from Poland. Acquisition Talks End in Failure

The great romance on the Tokyo-Warsaw line ended faster than it began. Japanese giant Seven & i Holdings, owner of the powerful 7‑Eleven network, officially withdrew from talks about investing in Polish Żabka. The flop was supposedly due to a financial wall collision and a lack of agreement on valuation. Instead of a big takeover in the convenience market, investors on the Warsaw Stock Exchange must prepare for upcoming turbulence.

Oil falls 10 USD after the weekend. Euro rate drops towards 4.31 PLN

At today’s opening, the price of a barrel of Brent crude fell by $10. The reason is another attempt to move into negotiations. In the background, economic indicators generally show rising optimism in the markets – now awaiting the Fed’s Wednesday decision.

Euro rate may reverse due to oil and gas prices? Experts advise caution

Oil market pressure remains strong, even though commodity prices clearly fell after the reduction of armed actions between the USA and Iran. Investors still fear a renewed escalation of the conflict in the Middle East, which could trigger a rebound in commodity and currency markets.

Oil and Gas Prices Plunge Sharply, Dollar Falls. Middle East on a Fragile Truce

The start of the week brings a clear shift in the balance of power in the foreign exchange market, where the U.S. dollar has come under pressure as investors’ sentiment changes due to a noticeable decline in energy commodity prices.

After several days of heightened tension in the Middle East, investors saw room for a diplomatic breakthrough once the United States again halted airstrikes on Iranian targets for a second consecutive night.

Aesthetic Medicine Without VAT as a "Health Rescue". Treasury Checks Doctors' Settlements

23,000 medical practices have come under the tax office’s scrutiny, but only 82 cases ended in a tax audit, writes Rynek Zdrowia.

This contrast does not mean the problem is marginal. From January 2025 to the end of June 2026, officials identified irregularities in doctors’ accounts amounting to nearly PLN 109 million.

The treasury is paying closer attention not only to revenue levels but also to how services are described, especially in the case of aesthetic medicine.

Chaos on the Warsaw Stock Exchange. UOKiK strikes Columbus Energy! Company was trying to deceive customers

The green energy market segment can sometimes feel like the Wild West. Poles are rushing into heat pumps and photovoltaics to escape rising bills, while industry giants count their profits. The tranquility was disrupted by the Office of Competition and Consumer Protection. The UOKiK president leveled accusations against Columbus Energy, questioning key elements of its sales strategy. Multi‑million penalties loom on the horizon.

Secret Meeting in the Persian Gulf. Polish Services Negotiating with the Head of Zondacrypto?

A secret meeting in the Persian Gulf could prove more important than any official prosecutor statement. According to "Rzeczpospolita", prosecutor Marek Wełna and one of the heads of the CBA delegation were supposed to meet with Przemysław Kral, head of Zondacrypto. Purpose? To persuade him to cooperate and open doors to knowledge that investigators have not yet had.

Will the competitor's shares of CD Projekt change the Warsaw Stock Exchange? Stock market recommendations point to one direction

While investors on the Warsaw Stock Exchange have been fixated on CD Projekt for months, Kraków’s horror specialists are quietly preparing a massive leap in the shadows of the giant. Bloober Team is building a position that investors seem not to see yet. Analysts clearly indicate that the current valuation is a bargain, and its upcoming production pipeline could completely change the game.

Attacks in the Red Sea, July Fed Decision, and Inflation Surge in Poland: What Markets Face?

This week, the key factor affecting market conditions will be the course of the conflict in the Middle East. During the weekend, the intensity of this conflict noticeably decreased.

This signals an increased likelihood of de-escalation after a clear hardening of the situation in the last two weeks, during which further attacks on infrastructure and commercial vessels in the region were recorded, and President D. Trump's statements indicated an increased probability of a large-scale military operation.

USD/PLN dollar rate drops below 3.78, and euro EUR/PLN rate to 4.31!

TACO scenario, i.e. Donald Trump's decision to halt the last series of attacks on Iran – and Tehran's similar response – allowed global markets to react at the beginning of the week.

EURPLN rate drops by 2 groszy! Oil price decreases

The last session of the week on overseas equity markets brought minor index changes with a slight decline during the week.

The market participants remain focused on the Middle East conflict and corporate earnings releases.

Cocoa Prices Plunge, Yet Chocolate Remains Expensive. How Long Will It Last? Experts Explain

Chocolate prices on global markets have clearly fallen after record hikes, yet consumers still do not feel it in the form of cheaper chocolate. The largest producers are struggling with margin pressure after a sharp rise in raw material costs and are looking for new ways to attract demanding customers.

German boom in balcony photovoltaics creates chaos. 50k euros in fines in the background

Germany has turned balconies into small power plants, and now they are discovering that cheap electricity can come with an exceptionally high final bill. When hundreds of thousands of installations operate off the record, the problem stops being about a single apartment and starts affecting the stability of the entire grid.

Polish zloty (EUR/PLN) slightly stronger! EUR/USD down, dollar rises

Preliminary July PMI readings indicate an improvement in business conditions in both the US and the eurozone, although the sources of growth and threats to further recovery remain divergent.

Euro rate - forecast for the current week. Eurodollar EUR/USD falls to 1.1370

In the last week's range the zloty strengthened against the euro by about 2 groszy, but weakened slightly against the dollar. The EURPLN rate fell to around 4.3150, while USDPLN approached 3.79. The dollar's rise on core FX markets translated into a drop in EURUSD to about 1.1370.

JSW Shares Before the Next Blow? A New Player Appears in the Company

The mining industry can surprise more than the volatility in the cryptocurrency market. While Jastrzębska Spółka Węglowa fights for survival and its finances melt in the eyes, a new trade union organization is born at the Ruch "Knurów" mine.

Creotech, Pracuj, and Digital Polsat Take Center Stage! What Awaits Us Today on the Warsaw Stock Exchange?

At the beginning of the week, Żabka may be in the spotlight, as on Saturday Seven & i Holdings, the owner of the 7-Eleven network, announced its withdrawal from a planned investment in the Polish company. The reason was a lack of agreement with the seller regarding transaction terms.

Absurd of Polish Energy. We are forced to free energy when power plants burn coal…

Poland could spend up to 466 billion PLN on heating system transformation, while simultaneously wasting energy it has already produced. In 2025, about 1.4 TWh of renewable electricity was curtailed, twice as much as the previous year, although nearly 98 % of the shutdowns were not due to grid overload but to a lack of flexibility. Paradox? Wind turbines and photovoltaics supply energy, but the country cannot always use it.

Dollar rate before reversal? Expert: "The more tensions, the better for the dollar at the expense of the euro or zloty"

The escalation of conflict in the Middle East has increased interest in the strength of the dollar, but other factors also underpin the power of the U.S. currency. Maciej Przygórzewski, chief currency expert at Currency One, indicated in an interview with FXMAG the key drivers affecting USD/PLN and EUR/USD rates.

SENSACJA! Japanese giant suddenly cuts ties with Żabka. Will there be a collapse?

Friday session on the Warsaw floor ended with minor changes in the main indices. WIG20 fell 0.13% to 3826.08 points, while the broad WIG ended the session down 0.05%. The mid-cap index mWIG40 lost 0.07%, while sWIG80 gained 0.14%.

Market awaits results: Microsoft and Meta - Wednesday, Apple and Amazon - Thursday

Global equity markets have had a difficult week, dominated by the escalation of conflict in the Middle East, the earnings of technology giants, and concerns about inflation driven by rising fuel prices, which translated into higher debt yields.

Not only WIG20 ended Friday with a loss. The market awaits reports from Microsoft, Meta, and Amazon

The Friday session on the Warsaw Stock Exchange ended with a slight decline in the main indices.

WIG20 ultimately fell 0.13%, and mWIG40 0.07%.

The only index that ended in the green was sWIG80, which closed up 0.14%.

ZUS pays 1900 PLN, but time is running out. Deadline until July 31 for application

Almost 2,000 PLN could remain in the company’s cash register, i.e., contribution holidays – what and how? An entrepreneur who wants to take advantage of contribution holidays for this month must submit a form to ZUS no later than July 31. The relief does not mean a month without transfer; the health contribution will still await payment.

Visit of the Deputy Minister of National Defense in the USA. Poland Wants to Be a Production Base for the USA and Ukraine

Poland does not want to be solely a recipient of American weaponry. It wants to enter the game as a production, logistics, and military partner — between the United States and Ukraine. This direction emerges from talks between Deputy Defense Minister Magdalena Sobkowiak-Czarneckiej in the USA, where the stakes are Patriots, additional US military presence, equipment financing, and Poland’s participation in the defensive industrial chain.

Euro rate today. How much is the euro (EUR/PLN) on July 25, 2026? Current euro rate

Today's euro (EUR/PLN) rate on July 25, 2026 is 4.3195 PLN. The official NBP average rate is 4.3257 PLN. Check how the value of the common currency changes, view the EUR/PLN chart, conversion calculator, and a summary of rates from the last 10 days.

Important notice for mObywatel users. By August 5 you must open the app, otherwise access will be lost

A digital document may stop working not because the phone is broken, but because the user does not open the app in time. The deadline is August 5, 2026. By that date every holder of the mProof should at least once launch mCitizen so that the system automatically refreshes certificates and data. A few seconds now can save a much longer procedure later.

Fuel prices - forecasts for the next few days. We may not avoid a level of 8 PLN per liter

Eight zlotys per liter of ON stopped being a scare and became almost a certain scenario. In the penultimate week of July, gasoline Pb95 averaged 7.38 zlotys per liter, while diesel cost 7.80 zlotys. Drivers now pay prices that previously appeared only during the biggest fuel shock of 2022.

The End of Google Search and the SEO We Know. 900 Million Euros Fine for Google for Manipulating Users

890 million euros fine for the way Google presents the internet to users. The European Union determined that the tech giant not only favored its own services in search results but also restricted app creators from offering better deals outside the Play Store. This is not a dispute over page layout, but about who controls the path between the user and the digital market.

59 million PLN from the EU to fight floods. Kłodzko, Wejherowo and Malbork rebuild systems

More than 59 million PLN of EU support will go to three projects that share a single goal: water should no longer surprise residents. In Kłodzko it concerns rebuilding after the September 2024 flood, in Wejherowo and Malbork it is about stopping rain before it turns streets into swamps. The total value of the projects exceeds 76 million PLN. These are not cosmetic fixes, but a reconstruction of local safety.

Diesel at 9 or 10 PLN and 10% inflation? Showing the effects of the long conflict in the Middle East

June inflation decline to 2.5% year‑over‑year may prove short‑lived.

July GUS reading will likely show a renewed acceleration of inflation, mainly due to fuel station prices.

Such a move should not yet determine a change in interest rates.

The Monetary Policy Council will rather assess whether higher fuel costs will also raise service and food prices and broadly affect core inflation.

Nevertheless, it is hard to find a reason to cut rates today if the Middle East conflict does not end quickly.

ECB Buys Time, Oil at $100 and New US Tariffs Again Threaten Inflation! The Zloty Under Pressure

Friday brings markets a less comfortable mix: the ECB pauses, but inflation risks are far from gone. Higher oil, new U.S. tariffs, and stronger PMI data make it difficult for central banks to declare the end of price problems. As a result, bond yields rise again, and the zloty remains under pressure despite better signals from the European economy. The euro holds above 4.32 PLN, the dollar at 3.80 PLN, and EURUSD shows that globally the U.S. currency still has more arguments.

Housing prices exploded by 140%. The record in the region outshines the entire country

Property prices in San Francisco continue to break records, driven by the AI boom and an influx of capital into the tech sector. According to a Redfin report, the market remains exceptionally resilient, yet the dynamic price growth increasingly limits housing availability for those outside the AI industry.

Mistake of 30 groszy, but a 350 PLN fine. Controllers penalized a 15-year-old

Thirty cents difference, and three hundred fifty zloty fine. The fact leans today over the story of 15‑year‑old Mai, for whom a bus ride from Łodygowice to Żywiec was supposed to be a simple trip. It ended with a check, a ticket, and a call to her father made by a tearful child. This story raises questions about the limits of the regulations, the proportions, and plain human judgment.

Investors Flee Bitcoin for Ether? Key Weeks for the Crypto Market

July ETF data from U.S. funds shows that after a strong June sell‑off, capital is returning to the crypto market, albeit unevenly. By July 23, bitcoin funds had a net inflow of $474.4 million, and ether‑based products $408.1 million.

ROPA: Still yesterday at 97 USD, today reaches 102 USD! Another wave of fuel price hikes is coming

As expected, the ECB did not change rates. Moreover, there were no anticipated hikes announced by some. In the Persian Gulf, finally a breath of relief. Too bad it only happened after breaking the 100 USD per barrel barrier. Turkey also left its rates unchanged. 

EUR/USD Flag Broken, But What Next? Neither the US nor Iran Know How to End This War

Thursday saw a stronger rally in oil prices after markets were spooked by the potential escalation in the Middle East following Yemeni Houthi attacks in the Bab al-Mandab Strait, and Donald Trump's statements that he is close to deciding on a strong strike on Iran, ending his patience with the Tehran regime.

Will the Dollar Rate Cross the Critical Threshold? Inflation Surprise Heats Up Currency Rates

When Tokyo tries to strengthen its domestic currency and maintain its role as a market favorite, the hard market reality once again reminds us of the weaknesses of the Land of the Rising Sun. June inflation data clearly show that the government's efforts to choke price growth are encountering resistance. It is mainly due to rising oil prices, but the real threat to the Japanese yen and the Nikkei 225 lies much deeper.

Gas in Europe Rises 40% in a Month! Vision of 100 EUR/MWh and Interest Rate Hikes Get Closer

The situation in the energy commodity market is slowly slipping out of control, and the specter of a repeat of the 2021–2022 crisis is increasingly weighing on the European economy.

Brent crude broke the $100 per barrel threshold this week, looking at the September contract, marking the first such occurrence in two months.

Ban on alcohol advertising and sales at gas stations. Law tries to catch up with marketing

Alcohol does not have to be on the table to influence young people's choices.

It is enough to have a logo near the stage, a sponsor's name on a festival banner, or a branded gadget displayed in the atmosphere of sporting excitement and good fun.

As editors of Spidersweb note today, two parliamentary proposals have emerged that aim to limit alcohol presence, including bans on advertising and sales at petrol stations.

Trump fines Europe. European companies will pay more. There are allegations of forced labor

The White House imposed new tariffs on goods imported from 60 U.S. trade partners. The decision was criticized, also by the European Union, which challenged Washington’s allegations of insufficient action against forced labour.

EBC begins tests with Revolut and Deutsche Bank on digital EURO! Europe wants to cut off from Visa and Mastercard

Europe is preparing money that cannot be put in a wallet, yet is intended to function like cash. The European Central Bank has selected banks and payment firms for the first tests of digital euro. If the timetable holds, the new form of currency could enter widespread use in 2029. This will not be a cosmetic change in a banking app, but an attempt to rebuild the way Europeans pay every day.

Higher oil and gas scare EBC. Natural gas supplies in warehouses are quickly melting

New orders in industry in June rose 11.7% year‑on‑year, compared with a 143.3% year‑on‑year increase the month before – the Central Statistical Office said.

New export orders in industry in June rose 7.6% year‑on‑year, after a 6.2% year‑on‑year increase the month before – the GUS said.

Does the golden resistance return? It holds strong at EUR/PLN 4.33

EBC signals a September rate hike, but EUR-USD remains lower.

Yesterday’s ECB meeting delivered no surprises.

The rhetoric, as expected, shifted in a hawkish direction.

Zabka Shares May Vanish from the Warsaw Stock Exchange? The Company's Fate Lies in the Hands of a Japanese Giant

The Japanese retail giant turned its gaze to the Warsaw market, and investors held their breath as they watched the charts. Is the risk that Poland’s most popular convenience chain will soon change hands and part ways with individual investors significant? The key to this financial puzzle lies in the hands of 7‑Eleven’s owner.

EUR/PLN Course Drops Sharply Today. Oil Prices Continue to Rise, EUR/USD Lowest in July

The resumption of hostilities in the Persian Gulf has caused energy commodity prices to return to high levels.

Brent crude oil has again surpassed 100 USD per barrel.

TTF gas prices are consolidating around 62 EUR/MWh.

EURO (EUR/PLN) falls below 4.33, oil again breaks the 100 USD threshold!

Today preliminary July PMI for Germany and the euro zone
Growth of new industrial orders normalized to 11.7% YoY in June
ECB kept interest rates unchanged, as expected
Brent crude price rose above $100 per barrel
Weakening of the zloty, market‑priced expectations of higher interest rate hikes

Oil Prices Surge Drastically! Brent Now Over 100 USD

Thursday market battles are primarily a wide sale of equity instruments on global markets.

Blood spilled on the floors of Western Europe, which is well illustrated by the avalanche supply observed in Milan, where the FTSE MiB index fell 2.80%.

Budimex Shares, Kęty Group, and PKO BP Under Economists' Watch. What's on the Warsaw Stock Exchange Today?

The Thursday session on the Warsaw exchange floor was dominated by a clear supply advantage.

WIG20 fell 1.13% to 3813.03 points, and the broader WIG dropped 1.06%.

Declines also affected the small and mid-cap segment.

Dollar rate carries risk! Experts warn. Trump is preparing another blow in Iran, Axios claims

Donald Trump has again tightened his stance on Iran, suggesting the possibility of launching another large-scale military operation. Tensions in the Middle East have risen after the latest Houthi fighters attack, heightening concerns about the security of shipping routes and the impact of the conflict on global financial markets.

Brent Crude Has Already Reached $100. Experts Issue Clear Forecasts for the Euro EUR/PLN

On Thursday, the national interest rate curve shifted upward by over 15 basis points on the domestic bond market.

The EUR/PLN rate remained stable near 4.33. Global markets saw a growing risk aversion, leading to clear declines in stock indices and widening credit spreads.

USD/PLN Dollar Exchange Rate - Forecast for the Coming Days. Will there be new records?

The Polish zloty was stable against the euro on Thursday, with the EURPLN hovering around 4.33. The national currency weakened against the dollar, around 3.8050 on USDPLN. In the base FX markets, the dollar strengthened, which translated into a drop in the EURUSD rate to about 1.1380.

Gigantic AI companies spend billions and lend more. Why does this mechanism not break?

Rising CAPEX expenses have been presented as a threat to growth and market confidence in tech giants for several quarters. A hallmark of the times is that Google, for the first time in many years, after decades of hyperbolic growth, published negative cash flows. But is there something to fear?

Stock Market: KGHM Shares Down 3.97%, Orlen Up 2.62%

The Thursday session at the Warsaw Stock Exchange ended with declines in the main indices.

WIG20 fell 1.13 percent, while the broad market index WIG lost 1.06 percent.

Trading volume approached 2.77 billion PLN, of which over 2.40 billion PLN was allocated to 20 blue‑chip companies.

Cash on delivery does not protect against fraud. They found a loophole in the Polish Post system

The most treacherous shopping trap can look like a safe transaction. According to the Bezprawnik service, a senior woman ordered sandals for 99 PLN, chose cash‑on‑delivery, and trusting a package delivered by the Polish Post, she was scammed. When she opened the box, instead of shoes she found torn pieces of fabric. The store vanished, the seller’s details turned out to be fake, and the cash went to the fraudster.

In over 100 municipalities, seniors have NO HELP. NIK Report Reveals Municipal Failure

Senior citizens can live several streets away from a care center and remain invisible to the system. Not because formal support is absent, but because no one has checked whether it is needed. The NIK audit revealed a dangerous mechanism: help often starts only when an older person asks for it themselves or someone reports them on their behalf.

Illegal transport of 25 tons of waste on A4. Authorities turned the truck back to Belgium

25 tons of used clothing were transported across Poland from Belgium to the Czech Republic. The transport was stopped not because of the contents of the trailer, but because of missing documentation. A checkpoint on the A4 motorway in Jędrzychowice revealed that the carrier was transporting waste without the required document and without registration in the SENT system. One inspection was enough to cause the entire route to be aborted and the cargo returned to the sender.

Will Nvidia Shares Enter a New Era? The Company Delivered Important News

Nvidia returns to tech trade shows with a banner. After early‑year controversies, the Santa Clara company reveals concrete details about DLSS 5 at the SIGGRAPH 2026 conference. Instead of rigid, imposed rules and visual glitches, the giant offers full flexibility for developers, zero latency, and 4K photorealism powered by a single GPU chip.

They were subsidizing furnaces, but now there's nothing to burn. Pellet and gas are lacking, and coal is getting more expensive

Pellet was supposed to be a stable and predictable fuel, yet a 15 kg bag now costs 53 PLN, and a ton from such an offer exceeds 3500 PLN. Add to that queues, empty warehouses, and multi‑week wait times for deliveries. This is not a fleeting market whim, but a preview of a season where all basic heating sources may be expensive.

Record Account Freezes in Poland. Treasury and Banks Control "Dirty Money"

When the system is more effective at tracking money laundering, the statistics look more alarming. In 2025, financial institutions reported over 11,000 suspicious transactions to the GIIF, 36% more than the previous year. More than 266 million PLN was frozen on blocked accounts. This does not necessarily indicate a surge in crime; it may mean that less money is disappearing off the radar.

Oil getting more expensive, but the dollar waits... What about the euro-dollar EUR/USD?

Clothing is getting more expensive, but the dollar is waiting... Markets are starting to price in the risk associated with the blockage of the next critical global transport Strait of Bab al-Mandab, after the Yemeni Houthi attack on Saudi ships (their earlier threats are starting to materialize, linked to the further escalation of fighting between the US and Iran).

The End of "Paying for a Plate"? Wedding Math Stops Adding Up

Wedding for 100,000 PLN, envelope for 1,000 PLN and a loan paid long after the last dance. Wedding math increasingly fails to add up. Most Poles today declare a gift of 700 to 1,000 PLN per person, yet more than half of respondents clearly say it’s better to limit the scale of the celebration than to go into debt for a day. The wedding budget is changing, as is the way people think about the whole event.

Not President, but Treasurer. She Earns Twice as Much as Trzaskowski, Similarly in Łódź and Wrocław

In the town hall, the mayor can be heard the loudest, but the highest income does not always go to their account. In Warsaw, treasurer Marzanna Krajewska reported 488.9 thousand PLN per year, which is 263.4 thousand PLN more than Rafał Trzaskowski. A similar arrangement appeared in Łódź and Wrocław. Here’s how much weight cities give to people who keep a hand on the municipal cash register.

Oil Prices Surge, Dollar Falls! Will the ECB Strengthen the Euro Today?

Geopolitical tensions in the Middle East are once again heating up the commodity market, testing the highest levels in almost two months.

At the same time, we observe a clear shift in the currency market, where the dollar no longer looks as strong as it did at the start of the conflict.

Is the dollar starting to lose its safe‑haven status? Meanwhile, the euro looks quite strong ahead of today’s ECB decision, which could outline monetary policy for the coming months, although the chances of a concrete move today are rather small.

The end of cheap flying is getting closer? Carrier's profit fell by 70%

EasyJet joins the ranks of European carriers grappling with the fallout from the protracted conflict in the Middle East. The British airline’s profit fell sharply, though the result was better than analysts’ forecasts. The company’s future hangs in the balance due to its planned takeover.

AI Takes Over Prices at POLOmarket! Some Customers Will Pay Less, Others May Be Surprised

Implementing artificial intelligence has become the number one trend today, so all companies want to follow the new fashion. POLOmarket decided not only to optimize logistics but to step into a much more innovative area, while simultaneously partnering with Yieldigo. This decision could turn the Polish market predator network into a consumer uprising, so the stakes are really high.

The Middle East is Roaring, the USA Seeks B-1 Bombers, and the Polish Market Awaits EBC

Yesterday the U.S. president threatened that the United States would destroy an Iranian bridge or power plant every time Iran attacks a ship in the Strait of Hormuz. Potential targets, according to Trump, would also include facilities located near or in the country’s capital.

Foldable Smartphones Take Over the Premium Market. Samsung Goes for a New Format

The segment of foldable smartphones is growing much faster than traditional phones. According to estimates cited by Counterpoint Research, global deliveries of foldable devices are expected to rise by 21% this year. Foldable models are strengthening their position in the premium segment. Samsung representatives, who created this category, estimate that in two years they will account for 10% of high-end smartphone sales in Poland.

Green on European markets. Donald Trump warns Iran, and oil costs $95

On Wednesday the zloty remained stable against the euro and dollar. The fundamental support for the domestic currency was clearly better-than-expected retail sales data.

However, the potential for PLN appreciation was limited by a tight external environment, including the rise in Brent crude price, which overnight broke the 95 USD/b level, increasing pressure on inflation expectations.

Currency Rates: Euro EUR/PLN at 4.33, EUR/USD rises to 1.1428

Geopolitics continues to make its presence known to markets day after day.

During the night, pro-Iranian Yemeni Houthi rebels attacked Saudi tankers in the Red Sea.

This threatens even more serious disruptions in energy commodity supplies.

Gold and Silver Prices Are Falling. Russia Is Outpacing This Commodity by a Huge Margin! Record Dropped Not Seen in Nearly 25 Years

Sanctions, a cut off from USD, and rising war costs are brutally testing the Kremlin’s treasury. Russia’s central bank is disposing of its liquid reserves at a pace not seen in commodity markets since the early days of Vladimir Putin’s rule. As hydrocarbon sales revenue shrinks, the only lifeline becomes the physical precious metal reserves hidden in Moscow.

GPW: PGE (+7.37%), Pepco (+4.31%), Tauron (+9.54%). WIG20 up

The mid-session passed while awaiting reports from Alphabet, Tesla, and ServiceNow, which were released after the close of U.S. trading.

Investors were also drawn to rising oil contract prices and a global increase in debt yields, linked to concerns about a quick resolution to the U.S.–Iran conflict.

KGHM and PKO BP Stocks at a Critical Moment. What Will Thursday's Session on the Warsaw Stock Exchange Bring?

Wednesday trading on the Warsaw Stock Exchange yielded moderate gains in the main indices, but the market action was highly sector‑divergent.

WIG20 closed the session at 3,874.77 points, up 0.60%, while the broader WIG rose 0.38%.

Dollar and Euro Rates Awaiting ECB Action. Forecasts Point in One Direction

The European Central Bank may refrain from changing interest rates during today’s meeting. Investors will, however, expect signals regarding the future direction of monetary policy, as rising energy prices and the risk of a resurgence in inflation increase the chances of upcoming hikes. 

Euro rate – forecast for the coming days. Today the ECB will decide the EUR/PLN direction

On Wednesday the zloty changed little against the euro and dollar, with EURPLN and USDPLN hovering around 4.33 and 3.79 respectively. In the core FX markets the EURUSD rate stayed near 1.14.

Poles Went Shopping. Sales Rose by 6.8%, and GDP is Driven by Strong Consumption

Real retail sales of goods in June accelerated noticeably to 6.2% YoY from 3.0% YoY in May, clearly exceeding expectations (consensus: 5.1% YoY, PKOe: 4.4% YoY).

The result was supported by a higher number of trading days than the previous year and precautionary fuel purchases ahead of the expected price rise due to the return of the VAT rate on fuels from the beginning of July.

Obajtek warns of the collapse of steelmaking: Energy prices and ETS are exhausting the industry

The steel industry in the European Union has lost production capacity of over 30 million tonnes and about 30 thousand jobs since 2018, according to the European Commission. EU institutions are therefore introducing tools to protect the sector from further loss of competitiveness, especially to Chinese manufacturers. EU MEP Daniel Obajtek points out that solving the industry’s problems requires lowering energy prices and moving away from the ETS system or allocating related funds to investments.

Pepco shares +4.31%, KGHM +2.63%, Dino +1.61% and Orlen +1.82% up! Banking companies fall

Wednesday trading on the Warsaw market ended with gains for the main indices.

WIG20 rose 0.60% while the broad market index WIG gained 0.38%.

Euro rate today. How much is euro (EUR/PLN) July 22 2026? Euro to Polish zloty chart

The current euro rate (EUR/PLN) on July 22, 2026 is 4.333 PLN. The official NBP average rate is 4.3268 PLN. Check how the value of the common currency changes, view the EUR/PLN chart, the conversion calculator, and a summary of rates from the last 10 days.

Derivatives in Disguise: How Predictive Markets Have Outplayed Bookmakers?

The market priced the probability of a nuclear bomb detonation before the end of 2026 at a flat 22 percent. Someone just bet their own money on it, pumping the absurd wager’s pool to 850 thousand dollars. Predictive markets are growing at a terrifying pace, devouring traditional bookmakers and opening the door wide to the biggest insider‑trading scandals of our decade.

WIG20 on New Maxima, GPW Breaks Records! Technical Analysis of mWIG40

In the past week, the largest crisis in the Persian Gulf since April 8, when the ceasefire was suspended, occurred. Iran fired on several ships moving close to the Oman coast; in retaliation, the US bombed military targets in Iran, and Iran targeted US military facilities in two Persian Gulf countries. The bombings killed dozens of people in Iran.

Currencies: Euro Rate Drops to Near 4.32 PLN. Moment of Relief for the Zloty

The foreign exchange market starts a new week with a slightly weaker USD and a slightly stronger PLN. For the zloty this is a moment of relief after a sharp weakening largely caused by the NBP president.

The next few days should again shift focus from local factors to global ones. In this case, once again mainly the USA, where we will see another inflation reading, the earnings season for Wall Street companies will begin, and before Congress the Fed chair will present.

Of course, one eye of the investor must always be on Ormuz.

ZUS rejected 12.5k applications for 800+. New regulations cut part of migrants

12.5 thousand rejected applications show that 800+ has stopped being a benefit granted by a simple scheme. For some families, the new rules mean losing money, but for others the July transfer could amount to as much as 1,600 PLN. The outcome today depends not only on the family's situation and place of residence, but also on the deadline for submitting documents.

European countries store Russian gas. Does it bother them that this helps finance the war?

Shelling of Ukrainian cities, and the growing number of casualties. All of this is a picture of the war in Ukraine, whose end is not in sight. European countries on one hand support Ukraine in defensive actions by providing it with essential equipment. On the other hand they also help Russia by buying gas from that country. In recent months, this has started to flow into EU countries in huge quantities. 

The Euro Exchange Rate Range Shifted to 4.30-4.40. What to Expect for EUR/PLN?

On Friday and for most of Saturday it seemed that the tension on the Tehran–Washington line was moving toward a gradual easing.

Factors included, among others, reports from American media suggesting that the Iranian shelling of three commercial vessels in the first part of last week was a mistake.

The incident was attributed to a “rogue faction operating within Iranian structures.”

Gigant will lay off 100,000 people! Factory names dropped, employees protest. Shares at a 30% discount

Volkswagen may face another wave of layoffs. The German conglomerate is considering reducing about 50,000 jobs, and according to CEO Oliver Blume, the scale of cuts could ultimately reach up to 100,000 positions.

The appetite for gigabytes on the go is growing – Walutomatu study

Up to 91% of Walutomatu users plan an overseas trip within the next 12 months. The latest platform study shows that a challenge during such a trip can be stable and affordable network access, especially in countries outside the European Union. Roaming costs and data transfer limits can still significantly dent a vacation budget.

Oil War Hits the Golden One. Euro and Dollar Rise After Escalation in the Middle East

During the weekend, another escalation of the conflict in the Middle East occurred.

Following mutual attacks between Iran and the United States, oil prices surged sharply at market opening, and Tehran’s statements suggest a likely return to full-scale conflict.

Will commodity prices spike soon and reignite inflation concerns that will translate into higher interest rates?

How will the Polish zloty fare in this situation after the unexpectedly dovish comments from the NBP governor?

Will UOKiK punish well-known YouTubers? It's about prohibited behavior towards children

This could set a precedent in the Polish market. The Office of Competition and Consumer Protection has opened proceedings against two YouTubers who allegedly engaged in prohibited conduct towards children during their streams. The issue concerns encouraging minors to purchase products they were selling. If the allegations are confirmed, the penalty could amount to millions of zlotys.

End of Bitcoin Sale? Institutions Return to the Game, and Swift Launches Its Own Blockchain

Bitcoin stays around $63,000 after Fed meeting minutes are released. Circle receives final OCC approval to create a national trust bank. Blockchain Swift launches, and 17 banks prepare for live pilot transactions.

Euro rate - forecast for the current week. What next for EUR/PLN?

The Monetary Policy Council left the NBP interest rates unchanged. At the conference, President A. Glapiński presented a more dovish stance, indicating that after the holidays he might submit a request for a rate cut. In our view, the macroeconomic projection does not justify such a mild rhetoric. Additionally, the escalation of the conflict in the Middle East increases concerns about further deflation and leads to caution in monetary policy.

AI drives consumption in the USA, and China's GDP clearly slows

This week’s investor focus will be on the Tuesday release of U.S. CPI inflation data for June. According to consensus, overall inflation fell to 3.8% YoY from 4.2% YoY a month earlier, mainly due to lower fuel prices. Core inflation remained at 2.9% YoY, staying above the Federal Reserve’s target of 2.0% YoY.

Euro Rate at 4.33 and Continues to Rise! The Zloty Also Loses Against Other Currencies

The end of the week was very unfavorable for the Polish zloty. The Polish currency was losing not only due to potential geopolitical escalation – it was also weighed down by the president of the NBP’s remarks. Behind the scenes, good data from the Canadian labour market.
 

Poles invented a hybrid engine for the Crab and Borsuk. It is a proposal 75% cheaper than the German one, which Poland used

Polish higher education, although still developing, continues to struggle with many problems. One of the biggest is the lack of sufficient funds to develop projects that could in the future translate into the country's economic growth and security. Polish scientists are quickly proving that they have potential that is still not being utilized. 

Another Key Falls into CBA's Hands. Investigation Files Were Sent Home

Another prison service officer has fallen into the hands of the CBA. This time the investigators do not accuse him of accepting bribes, but of exceeding his authority and storing official documents in his own home. The arrest on July 8, 2026, is however something more. The proceedings supervised by the District Prosecutor’s Office in Łódź are taking wider and wider circles.

The euro rate "watches" the turmoil in France. That's for sure. Forecasts have been lowered

The French economy is facing increasing pressure, and concerns are fueled by a weakening labor market. Uncertainties also raise questions about euro rates, for which the ING Think economists team provided forecasts.

Billions in refunds from ZUS. Up to 76% of companies overpaid the health insurance contribution

More than PLN 2.13 billion in excess health insurance contributions. Exactly that amount of money entrepreneurs left in the system for 2025. ZUS has already returned nearly PLN 1.26 billion, and over 770 000 payers saw transfers to their accounts. A surplus was reported by 76.7% of companies that filed the annual settlement.