Polish documentary nominated for Academy Award

A nomination for the Academy Award for Polish documentary ‘Rabbit à la Berlin’ by Bartek Konopka, in the short films category, has been announced in Los Angeles.

The documentary is an international co-production between Polish Television and German
MDR, RBB and ARTE.

Bartek Konopka tells the story of wild rabbits which for 28 years lived around the Berlin Wall. The rabbits are a metaphor of the citizens of Eastern Europe – shaped under communism and still learning how to live in a free world.

‘Rabbit à la Berlin’ was picked as best documentary at the 21st Polish Film Festival in the US. The movie also won the Best Mid-Length Documentary at Hot Docs Toronto 2009 Festival, the Magic Hour Award at Planete Doc Review Warsaw 2009 and the Grand Prix at the 49th Kraków Film Festival 2009.

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ECONOMIC MONITOR

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• ● In December 2009 and January 2010, as in previous months in the second half of 2009, the Polish economy stood out against other countries in terms of GDP growth. Poland’s economic growth was higher than projected and higher than in other European countries.
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• In 2009 construction output increased by 3.7%.
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• Retail sales increase in most product groups.
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• On the Warsaw Stock Exchange, stock prices were very volatile in January 2010.
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• At the end of December 2009 the registered unemployment rate (claimant count rate) amounted to 11.9% versus 11.4% in November.
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• At the end of January the president signed the 2010 budget bill into law. The bill was adopted by the parliament on December 18.
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• In the fourth quarter of 2009 the Polish economy turned out to be more resistant to the global crisis than had been projected and than the economies of Polish neighbours, something which boosts optimism in forecasts for 2010 and the next years.
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WEEKLY MARKET ANALYSIS

Retail sales up again in June
Retail sales growth in nominal terms accelerated in June to 6.4% y-o-y from 4.3% y-o-y in May. The increase was higher than expected. In real terms, retail sales growth accelerated to 4.5% y-o-y from 2.0% y-o-y. June was a consecutive month with retail sales figures stronger than expected, which indicates that consumption is recovering after it slowed significantly at the beginning of the year. Private consumption is driven by an improvement on the labour market coupled with a rise in disposable incomes. In Q2 2010 retail sales grew by around 3% y-o-y in nominal terms and around 1% y-o-y in real terms. On the basis of retail sales and industrial production data, it can be estimated that the GDP growth rate was close to 3%.

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