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The author of the entry reported that African governments are launching their own rating agency, Africa Credit Rating Agency (AfCRA). He wrote that it is set to end the "African premium" that policymakers attributed to the actions of Moody’s, S&P Global, and Fitch. He also mentioned that Ghana and Zambia argued regarding the rating downgrades. https://t.co/Ft0T18htHz #Afryka #Rating #Gospodarka #GH #ZM (translated)

The author of the entry indicated that Moody's downgraded Poland's rating due to the state of public finances. He wrote that the agency noted the persistent high deficit, rising debt, and increasingly high servicing costs. According to the forecast he cited, the public finance sector deficit is expected to be around 7 percent of GDP in 2026 and 2027. #PL (translated)

The author wrote that Moody’s justified the downgrade of Poland's rating by the state of public finances, pointing to a persistent high deficit, increasing debt, and rising costs of servicing that debt. According to the agency's forecast, the deficit of the public finance sector is expected to amount to about 7 percent of GDP in 2026 and 2027. #Polska #finanse #deficyt #PL (translated)

The ORLEN Press Office reported that Poland was among the cheapest EU countries in terms of fuel prices: diesel was said to cost 2.7 PLN less than in Germany and 1.5 PLN less than the EU average. However, it noted that fuels were significantly more expensive than a year earlier. According to the office, the global fuel crisis, record-low reserves in Europe, the shutdown of additional refining installations, and supply disruptions are driving prices up on the markets. The office claimed that fuel companies and governments can mitigate the effects of the crisis but cannot completely eliminate them. It also accused the authors of false information of spreading AI-generated graphics suggesting fuel shortages and false reports about exports to Ukraine. In response to calls for reducing margins, ORLEN pointed out that over 1/3 of the fuels sold in Poland come from abroad, and prices depend on the global market. As a way to lower prices, the office mentioned reducing VAT and excise duties, referring to this as CPN. It also explained that, in its opinion, current fuel prices resulted not only from oil prices but also from the limited availability of refineries. Over the year, oil prices were expected to rise by 56%, and global diesel prices by 100%. Regarding supplies to Ukraine, the office stated that fuels were sold there at a higher profit than in Poland, and recipients paid in advance. It added that trains did not leave the terminal before recording payment, and the export prices compared by critics did not take into account local taxes. It also accused them of comparing last year's pre-war prices with current ones and attempting to undermine confidence in the state. #Polska #paliwa #kryzys (translated)

The commentator cited a statement by Jacek Prusinowski, who warned that the law would not permanently solve the problem of fuel prices, and the revenues from the tax would be enough to fund a small reduction for at most two and a half months. The commentator assessed that a scandal was stirred up while the budget remained in a dire state. #paliwa #propaganda #polityka (translated)

It's hard to endure the situation where Poles are paying such a high price for Donald Tusk's political mistakes. President Karol Nawrocki decided to sign the law on extraordinary profits of fuel companies despite a number of constitutional doubts. He referred this law subsequently to the Constitutional Tribunal. The President clearly emphasized yesterday that the responsibility for high fuel prices, for the very bad economic situation in Poland, lies with the government, and it cannot be made to believe that any responsibility in this regard lies with the President. Donald Tusk has been in power since December 13, 2023, and the message that the President delivered yesterday was not about announcing the signing of the law – it focused on two main issues: primarily, to draw the attention of Poles to the dramatic situation of Poland's public finances, and secondly – to also point out that Polish security cannot be played with in the name of particular political interests. The rulers could have reduced high fuel prices with simple decisions. (…) In recent weeks, the Prime Minister preferred to put Poles in the role of hostages. He reached into the pockets of Poles in the name of party interests. The President clearly stated: the deterioration of the situation of public finances cannot be allowed. President Nawrocki is a responsible head of state. He looks at the interests of Polish women and men, not the party interests of one or another environment. He stood above this dispute and clearly said: "If Poles can pay less for fuel, then please – I will sign this law and refer it subsequently to the Constitutional Tribunal." We expect the government that the President's project, guaranteeing higher fuel price reductions, will also be on the agenda of the Sejm's work. Poles cannot be hostages to the disastrous financial decisions of Prime Minister Donald Tusk. For Donald Tusk, only party interest matters, for the President – the interest of Poles. That is the difference. #Polska #DonaldTusk #CenyPaliw (translated)

For PIS when fuel was 6 zł, there was price gouging, cheap propaganda, and panic. Tomorrow, when this lying fraud is forced to lower oil prices from 9.20 zł to 8 zł, there will be pride and cheapness. These manipulators have turned some Poles into complete idiots like their national pride - agent Bolek. https://t.co/nzNoTHELNc #Polska #Ceny #Propaganda (translated)

President Karol Nawrocki signed a law introducing a tax on excess profits of fuel companies, which will allow for significant reductions in fuel prices at stations already this weekend, which Prime Minister Donald Tusk described as a victory for the Polish people. #Polska #paliwa #NATO (translated)

Krzysztof Adam Kowalczyk in his article points out that the message from President Karol Nawrocki and his decision to sign the law regarding excessive profits of fuel companies does not end the political game of accusations, as by setting conditions for Donald Tusk, the president emphasizes the need for an immediate reduction in fuel prices. #paliwa #polityka #inflacja (translated)