Poland is the sixth largest economy in Europe and has enjoyed an average growth in their annual gross domestic product of 4.3% over the past decade. With a strong domestic market, low private debt and a flexible currency, Poland is the only European country to have avoided the financial recession in 2008.
New research commissioned by Ricoh reveals that European mid-sized businesses could be missing out on up to €5.7 million of annual revenues because of barriers that hinder their growth. With 75,000 mid-sized businesses across Europe*, the total missed potential revenue could amount to up to €433 billion – almost the same as the annual GDP of Poland.** [ ]
How Poland Became Europe's Most Dynamic Economy "Price controls were lifted, government wages were capped, tradewas liberalized, and the Polish currency, the zloty, was made convertible" "a clause in its 1997 constitution limiting government borrowing to 60 percent of GDP" ..."a cultural aversion to borrowing"