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Poland increased defense purchases from domestic firms and Central European joint ventures from about 8.0 bln zloty in 2022 to 30.4 bln zloty in 2025, nearly fourfold. Core defense spending is projected at 53.0 bln euros in 2026, roughly 4.7% of GDP,

2026-09-01

Poland increased defense purchases from domestic firms and Central European joint ventures from about 8.0 bln zloty in 2022 to 30.4 bln zloty in 2025, nearly fourfold. Core defense spending is projected at 53.0 bln euros in 2026, roughly 4.7% of GDP, and active and related military personnel exceed 220,000. Arms orders are shifting from long-distance imports to onshore and Central European near‑shore production, while large-scale equipment deliveries are Widening fiscal deficits; Poland expects a 2027 deficit of about 7.1% of GDP.

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2026-09-01

A Wall Street Journal investigation suggests that the trade conflict between Canada and the United States has "undermined" the case for raising interest rates.

A Wall Street Journal investigation suggests that the trade conflict between Canada and the United States has "undermined" the case for raising interest rates.
2026-09-01

ECB governing council member Nagel criticized the US for selling euros to support the yen without prior coordination with European partners, saying advance consultation on such interventions would have been preferable. Nagel made the remarks while at

ECB governing council member Nagel criticized the US for selling euros to support the yen without prior coordination with European partners, saying advance consultation on such interventions would have been preferable. Nagel made the remarks while attending the G20 finance chiefs and central bank governors meeting. Japan intervened in FX markets in late July; US Treasury Secretary Bessent confirmed in early August that the US had assisted against ‘disorderly’ yen moves, and reports say the US used euros rather than dollars, breaking long-standing practice. Nagel said the issue has been raised and publicly discussed and that Europeans are not pleased the action lacked prior coordination.
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