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.
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