Hi Dee, the Irish economy improved greatly around 1995. During the many years prior to that the economy would have been much worse had we not been in the EU and we may not have been in the position to make the huge gains since 1995. From the day we joined we got much more from the EU in grants than we paid in and without that net inflow we would have been rightly up the creek. Poland will now benefit from billions in various EU grants and structural funds. This will help keep employment in agriculture and keep everyone in the construction industry very busy for many years.
Related: Polish bonds a good deal?
PAP reported senior economist at the Postal Bank Piotr £ysienia as saying Polish bonds, in view of what is happening across Europe, are an alternative for many investors seeking safe and profitable investment opportunities. At present the interest on 10-year bonds is 4.8%. Analysts believe the interest rate may increase in the near future but only very slightly.
If you live in the States it is unlikely you will be able to purchase and cash in these bonds directly on your own. If you really want to invest in Poland from abroad you should look at finding mutual funds or exchange trade funds which have the access to such financial instruments.
A Polish Bond Fund. Seems pricey though.