Select a language
Conditions in the Polish motor industry have eased off by dint of financial incentives offered by some European governments to new car buyers. According to the Gazeta Wyborcza, Polish automotive industry exports reached €1.45 billion in March, a marked improvement compared to the previous two months. One of the reasons for this rise in exports are subsidies offered by the governments of Germany, Italy, and France to customers scrapping their old cars and buying new ones instead. Polish automotive exports to Germany, where the subsidies are higher than elsewhere (€2,500 per scrapped car), rose by 208 percent in the month, while those to Italy were up 115 percent, and the value of shipments to France rose by 109 percent. However, the Warsaw daily warns against excessive optimism. ‘The Polish motor industry’s overall exports in the first quarter totalled €3.6 billion, down 28 percent on the same period last year,’ reports Wyborcza.
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
Go to the event >