Poland's Economy Is Booming! The EU's Success Story?

Apparently so.

Another 10 years of depression but the Euro will still be here. woo-hoo.

Poland's Beautiful Victory

What a load of rubbish!! 2.5million foreigners my arse!.... why do you paste this rubbish? So 1.9 million people came to Poland to watch the football on a big screen? tripe!!

There was 675,600 maximum tickets available for the games in Poland. Say 100,000 to sponsors leaves 575,600 in total for the public. So lets say that 50% went to Poles that would leave around 330,000 tickets for tourists. Some of those bought 3 tickets so probably around 140-150 different foreigners at most attended the games.

So 150,000 different foreigners (EUROPEAN FANS) watching the matches out of 2,500,000!

Wait for it!!!! 6 people in every hundred who came to Poland actually watched a game in the stadium? 6%!

Thats about 12 people on every flight that came into Poland?

Did you visit a fanzone...the one in Gdansk would have held about 20,000 tops! what a load of RUBBISH! the one in gdynia was around a fountain and probably held 1,000!!

Peter stop pasting this crap!

warsawvoice/WVpage/pages/article.php/24850/article

With a heading like that what do you expect, the author stamped his biased agenda all over the article before he even began.

"why let the truth get in the way of a good story"

wbj/article-59707-gdansk-shipyard-to-employ-600-new-workers.html

OXON: I have read your posts throughout this forum. You are a Scotsman. You are not English. You are from Inverness. So I find it quite strange that you should comment on immigration in London. You are a convicted criminal. Your circumstances are as a result of your own actions. You were convicted of assaulting a Ticket Inspector on the London underground. You admitted to twice cutting the satelite cables to another tenant's apartment. Perhaps you would be brave enough to let me have your name and address, so that I can refer your racist postings on this site to the DPP's office, together with your admission to committing a criminal act against your neighbours twice. To the other posters of racist insults: Most likely you are unemployable, illegally in receipt of state benefits whilst working, uneducated, intolerant, and like OXON have a criminal record. You no doubt read: "The Sun" newspaper. It makes it's money from selling newspapers. It sensationalises immigration to sell newspapers. But you are the type of people who believe everything you read. As an employer, I would rather employ Polish workers than locals. Polish people turn up for work on time on a Monday morning, work hard, do not cause problems, do not "skive off" for a "fag" break every 10 minutes or pull a "sickie" at every opportunity. You may think I am in the minority of employers in England with these views, but if you are doubtful of this, perhaps you could explain why there are so many Polish people employed in the UK, many who have returned back to Poland to work in their own booming economy (fact). To the people of Poland, you are welcome in our country. Take no notice of the racist remarks posted by ill-informed, uneducated, usually benefit fraudsters who use this site to excuse the fact that they are work shy, irresponsible people whose only ambition is to spawn more children to obtain higher benefits, and who for 3 generations have not worked and produced more benefit scroungers. Before you reply to this post be aware that as somebody that has invested my money and taken the risk of losing it in business, I am entitled to make a profit. It's simple, if you don't want to work for me, go find a job elsewhere or invest your own money in business, employ people and see how many locals actually can be bothered to apply for jobs (our last vacancy was advertised at the local Jobcentre in East London we had 4 applications from locals, 2 of whom told our foreman that hey were forced by the Jobcentre to come to the interview, otherwise their benefits would be cut.). Is it any wonder why our country has one of the highest Social Security bills in Europe?

@ Peterweg!

If we remember, it's allways what they claim after each major sports event and Poles in their comments in various Polish media are not naive. It is always like that and 2 or 3 years later (if not before) they recognize it was more like a failure. Besides, I assume that a lot of money made shall leave Poland since construction coes, hotels, restaurants and stores are most often foreign.

As to peole claiming to return to Poland for holidays, I have serious doubts. People said so whithin the football ambiance, the drinking parties and also it depends how the question was asked. Very soon, people will have forgotten about the 2012 Euro (next Euro in France, and also the Olympics, first in London, then in Rio, then the World Cup in Brazil) and people will have other priorities all the more as Poland is not the mecca of tourism. A few more foreigners will visit Poland this year and also maybe next year and that's all.

Sorry, I'm not naive and I believe same for most Poles.

Is Poland booming as this article seems to suggest?


Wow! (£oł!)

It's like this, the numbers will most likely say yes but if you ask an average Pole, he'll say, nothing (nothing really positive) has change for him.

Anyways, that's what I was told by numerous Poles when I was in Poland.

Yes, that tends to be my experience when I ask around.

But I have to say I do see a lot of money here - very new cars and people in smart clothes, pretty full shopping malls in the afternoons, coffee shops patronised (if that's the term), high prices for goods at the secondhand markets, nothing much for sale at the pawn shops (lombards) and quite high prices in the classified ads and auction site (ie no one that desperate to sell anything).

Even the people selling some tomatoes and other produce in the street are not selling cheaply, which means they are confident of demand, surely?

I am not an economist, these are just my casual observations and I could be under a false impression - but it seems buzzy, affluent and busy here in Wroc. For now, anyway.

Hi!

All these big western companies move to countries like Poland and so forth simply to take advantage of cheap labor and the result thereof is huge unemployment in western countries. I have heard a few Poles working in call centers and it is usually a disgrace, pure exploitation (the proof, employees never stay long and there are always vacancies).

whereas the companies make fortunes.

"Of course all is well" according to some media. Those who make money are these companies' shareholders and a few top managers and that's all. The average Pole makes peanuts and has to emigrate to make ends meet.

Those call centers sent abroad to cheap labor countries are a disgrace. They move to India for English and North Africa for French.

Don't be so optimistic because only a minority in Poland can really afford things. A big majority live on credit (easy to get), have relatives working abroad and sending money home, dress in used clothes shops (more and more) and shop at discount stores. I shop in small shops in the center and no matter what time of the day, customers are rare and don't buy expensive food.

A few weeks ago, I read that Poland was the European country with the highest income inequality. It is easy to tell that there is a very rich minority and all the others (more numerous) who struggle.

Never mind, come the revolution we will all be equal, and have shares in nothing.

Told by numerous Poles, leaving on holidays to Egypt ar at least Greece next day. :):):):):):)


hihihihi. Nice method of measuring the society`s wealth.
Come on, you can`t be as stupid as you sound, tell us you are pretending. :):):):)

Harry, come on, stop those silly games. :):):):)

The only thing that bothers me, having been here for quite some time now, is that the government hasn't done much
to protect the country from what happened in the 2007&8 crises.
The same lunacy that brought down most Banks during the first crises is very rife here in Poland and needless to say the country is overbanked.

I get phone calls from the Bank every month offering personal loans and increasing my credit card limit and so do most of my colleagues.

Last month alone I got 3 phone calls and they were all asking if i needed money for a summer holiday abroad.
I also get calls from Investment Companies that are affiliated with the bank offering to double any investment in a certain period of time.
Then there is the issue of Western companies, especially German, coming over here to take advantage of cheap labour.
The contracts that they give to the ordinary workers are just unbelievable to say the least.
The country needs investment and jobs just like any other but i just wonder what would happen if
Ukraine were to open up to the EU. Would we see all these companies shifting shop to another cheap location?
I bet you they will.

Strange, because I don`t.

I am in PKO BP. What`s your bank?

I'm with BZ WBK and my best mate's with Alior.
PKO BP with Szymon Majewski's collaboration are doing well and i'm sure they've always had the highest number of people banking with them from communism.

The others, and I'm sure u know there are many of them, are competing for the rest of the market.

Yes, my family have always had their accounts there.


Yes, Allior bank is relatively new. It started 2 years ago? It is natural they are more aggressive in the market. But that is risky, too.

told by regular people I was meeting there.

Did they speak Polish or English?

Neither do I. Millenium has called once in five years.

Poland is far from booming.

I see some people dressed up as cartoon characters here giving out loan leaflets outside the banks. I also saw a loan company with a couple of red FIat 125s (the smallest one Fiat made) in livery, with people handing out loan leaflets at a market here, in fact they give out loan leaflets a lot here, and hang those tear off strip ads at bus stops and around street lighting posts,

I was reading recently that the maximum banks interest on a loan per year, with credit cards/mortgages and the like was something around 30% (I can not remember exact %) but for these loan shark companies it can be over 3000% interest.


Are you not comparing mortgages (a few hundred thousand/millions) to smaller loans (like 10-100,000)?
Banks don't hand out mortgages here so easily, so they make their money on smaller loans.


Eventually it would but I know people who have invested in Ukraine (promised the world) but it just isn't up to scratch yet of course it depends on what you are doing, these people either set up factories (huge problem with alcohol) or invested in real estate (huge problem with payoffs and mafia).


Define "booming" and then I may respond.

For newcomers, it isn`t.

For historically permanent residents - it is, at unbelievable pace, intermittently since 1989. :):):):):)

Between our major summer trips we often go out of Krakow for a day outing. I remember those empty fields from my childhood which today they are occupied by housing estates, business centres, industrial developments etc.

Poland has developed at an enormous pace in the last twenty years. It (she?) is growing in every way as a modern, energetic European country. I came to live here in 2000, and I have seen wonderful changes in every sphere of life. I wouldn't want to be anywhere else in Europe. And when the RC Church is finally brought to heel, life will be even better.

I disagree.
But the discussion about it belongs to another thread. :):):):)

Well sort of, right now, other countries are going through some really rough times, that is, things were good and now they are terrible.
If a "boom" is things were not great but it is improving, then there is a "boom".
The problem I find with the word "boom" it indicates a huge one time event like an explosion and money just rains down from the heavens...

Some of the people I talk to can not see the changes because they live here, like can't see the wood for the trees.

I lived here for a couple of years, left for 4 years and I see a big improvement but again I dislike the word "boom" more of a slow and steady incline, boosted since 2004 with immigration (wages had to go up, job vacancies because of people leaving), E.U. funds which account for a large percent of private business and infrastructure but when I first came here I could see Polish people were willing and able to improve themselves and their country, this I attribute to the national passtime of complaining but another way to look at it is to critic and wonder how it can be done better.

absolutely 4 million leaving in 8 years, says it all really.

Has it really?No mister, it has not.Time to face reality.My favorite comparison is S Korea and Poland and I am asking where is Polish Samsung or Hyundai???Everything is sold to foraigners and the Poles own nothing and make nothing.Before "transformation" Poland was making cars,jets,rail engines,computers,home electronics,tractors and so on.Now,Poland doesn't make *****. Everything is imported and the only "investment" are foraign banks and supermarkets which transfer bilions of EURO/USD abroad every year.


The "elites" had it all planned.One can call it releasing the pressure.This 4 milion if not allowed to leave sooner or later would revolt against regime so they were pacifed by allowing them to emigrate.This is a huge Polish tragedy.

Link, please.

Otherwise I will call you a liar.


You are even a bigger tragedy, my son. With your duck intelligence. :):):)

For example:


And Poles earned 20$ monthly for producing that stuff.