The draft of the National Development Plan, prepared under the lead of Jerzy Hausner, envisages continued strong economic growth
Published:
5 May 2004 y., Wednesday
The draft of the National Development Plan, prepared under the lead of Jerzy Hausner, envisages continued strong economic growth, a decrease in unemployment, and entry to the Eurozone in 2009. The government expects a systematic increase in the inflow of foreign direct investment after EU accession, with zł.18.6 billion ($4.5 billion) coming in 2004 and roughly zł.40 billion ($10 billion) annually by 2009.
Despite earlier fears, there have been no queues for the so-called EU tax identification numbers (NIP) needed by individuals and companies wishing to avoid paying double VAT as a result of trading with the EU.
According to the European Commission, the Polish economy will grow by 4.2 percent this year, whereas 'the old fifteen' states can expect at most growth of 1.7 percent. Since 1992, this country has been developing at a rate between two to three times faster than those countries of the present EU, apart from a short period between 2001 and 2002 when growth levels were equal. Furthermore, exports from this country are expected to increase by 11.2-12.2 percent this year, greatly surpassing anything likely to be achieved by the other 24 countries of the enlarged union.
Šaltinis:
Warsaw Business Journal
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Reform of the banking system was one of the key themes at this year's World Economic Forum in Davos, with bankers coming in for a lot of criticism.
more »
Small firms have been hard hit by the economic crisis, and so must be given incentives and support, including easier access to credit, help with innovation, tax breaks and less red tape, MEPs on Parliament's Special Committee on the Financial, Economic and Social Crisis (CRIS), and experts agreed at a workshop on Monday.
more »
The elections and investiture of Porfirio Lobo as President of Honduras have cleared the way for the EU to restore normal relations with the Central American country and negotiations for signing a bi-regional Association Agreement may soon resume.
more »
The European Commission has approved applications from Lithuania for assistance under the European Globalisation Adjustment Fund (EGF).
more »
The European Commission has decided to refer Italy to the European Court of Justice (ECJ) on the basis of Article 108(2) of the Treaty on the Functioning of the European Union (TFEU) for failing to comply with a Commission decision of July 2008.
more »
The EBRD is helping to strengthen the financial sector in Bosnia-Herzegovina (BiH) with a €50 million credit line to the Deposit Insurance Agency of Bosnia and Herzegovina (DIA), the Bank’s first investment in a deposit insurance entity.
more »
In its first investment in the natural resources sector in Bosnia and Herzegovina, the EBRD is providing a €17 million sovereign loan to finance the gasification of the Central Bosnia Canton.
more »
The EBRD is increasing the availability of financing to private businesses in Armenia with a $5 million credit line and a $3 million trade finance facility to ArmSwissBank for small and medium companies (SMEs).
more »
On January 27 the European Commission assessed the action taken by Lithuania, Malta, Latvia and Hungary in response to recommendations proposed by the Commission and endorsed by the Council in July 2009 in respect to the correction of their respective budget deficits.
more »
EUROSTAT announced that Lithuania’s GDP rose by 6.1 % in the 3rd quarter of 2009 versus the previous quarter.
more »