Fighting the deficit could become a minefield for the government ahead of local elections, writes Dziennik.
While party members are dreading slashes in state expenditures, economists believe the proposals forwarded by the politicians are not enough to protect the country from a severe crisis in public finances, writes the daily. Only radical reforms can help ward off a public finance meltdown. Meanwhile, the party's biggest concern are the effects that its decisions may spark major controversy in the public opinion, and result in waning party support in the forthcoming local and parliamentary elections.
The government will therefore most likely abandon its plans of raising taxes, and will rather focus on doing away with internet tax relief and one-off child grants, claims the paper. "The politicians' fear of a decline in opinion polls keeps them from planning a reasonable budget breakdown that would serve the economy for years to come," claims an economist quoted by the daily.
The government is saving up billions on road construction, writes Rzeczpospolita.
Within the last year and a half, the costs of building one kilometer of road fell by a third. The drop was triggered by the economic setback of 2008, which contributed to more fierce competition over government contracts, along with a larger number of foreign companies interested in the projects.
This does not, however, mean that more roads will be built due to this trend, as lower construction costs translate to lower expenditures from the National Road Fund. In result, construction contracts, worth an equivalent of 3.2 billion euro, are now 17 percent cheaper than initially planned.
Poles are growing more oblivious to the economic slowdown, writes Puls Biznesu.
Consumer confidence has risen by 7.5 percentage points since June, along with the expectations index for the next 12 months, both of which have upped to reach the highest figures since September 2008.
Economists believe the situation is down to a boost on the labour market. The employment growth momentum is at its peak within a period spanning from February last year, which lends to higher consumer optimism. According to analysts, the improving economic situation is yet another piece of good news, following growth in industrial production and a pickup in the construction sector, along with higher retail sales figures recorded in June.
If you're a party animal and willing to flaunt it on the internet, be ready to face the consequences at work, claims Gazeta Wyborcza, pointing to an increase in restrictions on using social networking websites imposed by employers.
A growing number of companies require that employees, even when at home, should not swear online, post compromising photos or do anything that may leave a dent in the employer's image. Such measures blur the the boundaries between the private and professional spheres, a fact younger people are more willing to conform to, claims a sociologist quoted by the paper. A recent incident at one of Polish banks shows that the employees should keep guard, as one banker was fired after the bank's client complained that the employee had posted a photo of himself drinking alcohol on a networking site Nasza-klasa, writes the paper. (ab)
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