Visegrad Group in June 2026: the most important developments in economy
In the Visegrad countries in June 2026, the economic news centered on Poland's public finances and its energy costs. The OECD forecast Polish GDP growth of 3.0 percent in 2026 and 2.6 percent in 2027. The central bank governor said a rate hike was less likely than in May and that inflation looked to be in check. The European Commission recommended that Poland improve the value of its public spending, and the Polish Fiscal Council advised speeding up fiscal consolidation. The finance ministry said a 2037 deadline for phasing out the WIBOR benchmark rate was optimal and safe. On June 17, Poland moved to tax windfall profits from fuel sales during the Iran war. Poland was described as heavily dependent on energy imports at large cost, while Orlen had overtaken Gazprom and Lukoil in stock market value.
Poland also pursued investment in technology and industry. It put $11 million into ElevenLabs to set up an artificial intelligence hub. The prime minister said talks with Foxconn would be finalized after the summer, with work on a semiconductor plant continuing. Lumina was exploring new copper mines. Money from the EU's SAFE defense loans was going to Polish defense companies, and the Finnish company YIT said it wanted to build shelters in Poland. The grocery chain Zabka said it wanted to speed up its expansion in Romania.
Elsewhere in the region, Hungary submitted a revised EU recovery plan. Members of the European Parliament demanded transparency over 16.4 billion euros in frozen funds, while Hungary separately sought to unlock 10.4 billion euros through an anti-corruption overhaul. The United States gave Hungary's MOL more time for talks to buy the Serbian oil company NIS; by June 16, Serbia and MOL had signed a deal to buy Russia's stake in NIS. Slovakia was in talks with Russia on natural gas supplies, with no volumes or timeline disclosed. The Czech Republic planned to build its fourth major pumped-storage plant.
by WorldBrief & Maksim Micheliov | AI-generated summary
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