Seanus
19 Nov 2010
Law / The risk of investing in Europe has risen and Poland has suffered accordingly [90]
Poland has only suffered insofar as there has been a general increase in the risk of inward investment. Poland steered a very clear and successful path for a long time but I fear that it too will be taken off down the path of loans and instability. I was discussing the Irish predicament the other day. The Celtic Tiger was very strong but has floundered due to external and, indeed, internal forces. Poland has attracted a lot of new business and secured some long-term contracts so I don't think an external whack is due for some time yet.
Poland has only suffered insofar as there has been a general increase in the risk of inward investment. Poland steered a very clear and successful path for a long time but I fear that it too will be taken off down the path of loans and instability. I was discussing the Irish predicament the other day. The Celtic Tiger was very strong but has floundered due to external and, indeed, internal forces. Poland has attracted a lot of new business and secured some long-term contracts so I don't think an external whack is due for some time yet.