According to a report published yesterday by Merril Lynch, no other member country has gained more than Poland from EU accession
Published:
4 February 2005 y., Friday
According to a report published yesterday by Merril Lynch, no other member country has gained more than Poland from EU accession.
After a very positive first year in the EU, Poland can expect long-term investments in the service sector that will create thousands new jobs. "Old" member states were very surprised with the results of EU expansion as they counted on new markets for their products. The reality was different, as the EU became a market with large demand for goods produced in Central Europe.
The Merril Lynch report states that Western companies that took the risk and invested in Poland, especially in food and drinks production, made more profits than their competitors fearing the risk of investing in an unknown market. Central Europe will see stable and high economic growth in the nearest future, projected in the report to be at the level of 3.5% a year over the next five years, while Western Europe will be developing at half that speed.
Šaltinis:
wbj.pl
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
European cities may still be feeling the pinch of the global recession.
more »
The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields.
more »
The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars.
more »
Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit.
more »
In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday.
more »
Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’.
more »
The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg.
more »
EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business.
more »
Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday.
more »