Economic growth in Europe is the lowest since 2011-2013, excluding the first months of the pandemic, and a new energy crisis in the coming winter cannot be ruled out. Given that Germany is already in recession, [...]

The war in Ukraine and Moscow's gas blackmail have shown how risky the lack of adequate diversification of the domestic energy sector is. The condition of the Polish energy sector, its prospects and risks [...]

We were too pessimistic about the eurozone. Lower energy prices, no major interruptions in electricity supply (resulting both from the diversification of supply sources and better weather conditions) and [...]

Markets continue their New Year's rally - last week EURUSD overcame another psychological resistance at 1,08, US stock indices fared slightly worse. Strong increases are observed both in the [...]