25.03.2020

COVID-19 POLAND NATIONAL NEWS 25-26 MARCH

Stay connected with our summary of the latest national news updates on COVID-19 and the impact on the real estate market.

MARCH 25, 2020

GOVERNMENT / STATE NEWS

The government announced that the draft of the so-called "Anti-crisis shield" has been accepted today. Details are presented at:  gov.pl website  ; including 90% of rent abatement. 

Free internet for students. The operators respond to the appeal of the deputy prime minister. He asked mobile network operators for free access to data transfer for students and PhD students - Minister of Science and Higher Education Jarosław Gowin informed on Twitter.

 Wig20  -0.63%

 

 INDUSTRY

https://www.youtube.com/watch?v=qYS0EeaAUMw

 

RETAILERS AND SMALL BUSINESS MATTERS

Due to the fact that the extraordinary situation requires extraordinary measures and actions, the heads of the largest organizations of entrepreneurs and employers in Poland reactivated the Entrepreneurship Council. The Declaration was signed by: Jolanta Jaworska from the Association of Business Service Leaders, Andrzej Arendarski from the Polish Chamber of Commerce, Wojciech Kostaże from the Polish Business Council, Marek Goliszewski from the Business Center Club, Marek Kowalski from the Federation of Polish Entrepreneurs, Maciej Witucki from the Confederation of Lewiatan, Andrzej Malinowski from Employers of Poland and Jan Gogolewski from the Polish Craft Association.

Castorama declared that stores will remain open and are safe for shopping.

 

CIVIL NEWS AND REACTIONS

Epidemiological status in Poland data from 18:30 CET on 25.03.2020

Number of confirmed cases SARS-CoV-2: 1,031

Number of fatalities: 14

Number of recoveries: 1

The upholstery company in Ostróda has switched production to create masks. The owner of the factory said he would provide materials and templates to anyone who has a sewing machine and wants to help.

 

OTHER

UK

  • Britain's Prince Charles has tested positive for coronavirus
  • London City Airport is temporarily suspending commercial and private flights starting Wednesday evening

 WORLD

  • Global markets are starting to cool on the massive US stimulus deal, however, it has been a wild ride for world stocks this day. Up, down, round and round - traders just couldn't decide which way things were going to go today
  • BMW will close its largest US factory for two weeks due to supply chain disruptions amid the coronavirus pandemic
  • A quarter of the world's population is now living under some form of lockdown

 

COMMUNICATION RECOMMENDATIONS

TBC


26 MARCH 2020

 

GOVERNMENT / STATE NEWS

The government has published legislation of the so-called “Anti-crisis shield” to be voted on Friday. Documents are available at:

https://legislacja.rcl.gov.pl/ or http://orka.sejm.gov.pl/Druki9ka.nsf/Projekty/9-020-124-2020/$file/9-020-124-2020.pdf

 

Ministry of Development, Jadwiga Emilewicz saying that the owners of shopping centres should NOT get any support: “We have not foreseen any additional protective measures for those whose income from rent will be currently reduced under the new law. It does not seem to us that here protective measures for those owners who have used the offer of the scale of our market for years, placing them in it, are an excessive burden or burden for them”.

 

Wig20  +3,48%

 

INDUSTRY

MIPIM 2020, scheduled to take place June 2-5 in Cannes, is transforming into a two-day, Paris-based gathering of real estate and technology leaders in September. The next edition of MIPIM in Cannes will take place March 16-19, 2021.

Despite the unusual situation, on April 2 Poland will shine blue again within "Light It Up Blue" action organized by the Fundacja SYNAPSIS! This way, the real estate sector sympathises with people with autism.

The ECE has announced that centres will not close, but will remain open within the framework of the regulations, because the regulations provide for a number of sectors that should and may remain open to ensure the provision of basic services. 

Radosław Knapp, General Director of PRCH (Polish Council of Shopping Centres), will be taking about Anti-crisis shield tomorrow at 8:05 on TVN24 – stressing joint disapproval of the whole sector on the proposed government plan.

 Many of the Landlords are using all channels possible to protest against the government plan.

 

RETAILERS AND SMALL BUSINESS MATTERS

ZPPHiU (Retailers Association) is calling the President to support their position in current situation – at the same saying that just solution would be to spread the costs equally among landlords, tenants, banks and the government.

 

CIVIL NEWS AND REACTIONS

Private legal practice publish free template forms for deferral of VAT, PIT, CIT  https://www.mentzen.pl/practice/tarcza-antykryzysowa/

Epidemiological status in Poland data from 18:00 CET on 26.03.2020

Number of confirmed cases SARS-CoV-2: 1,163

Number of fatalities: 14

Number of recoveries: 2

 

OTHER

EUROPE

  • Spain will extend its lockdown measures by two weeks

WORLD

  • US stocks surge despite the worst jobless claims data in history (3.28m new unemployed)
  • Hotel industry calls US coronavirus rescue package 'unworkable'
  • Amazon warehouses are facing a growing tide of coronavirus cases with at least 11 facilities hit so far
  • China is trying to jump-start its huge economy without triggering a second wave of coronavirus cases. The world is watching
  • Trump said he wants the United States "opened up and raring to go by Easter"

 

COMMUNICATION RECOMMENDATIONS

TBC 


 

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