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ARTICLE · 10 MAY 2017

The Regulations, Permits And Considerations - 8 May 2017

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Poland has weathered the global financial crisis better than most of its European neighbors, but how easy is it doing business there?

PolandGovernment, Public Sector

Poland has weathered the global financial crisis better than most of its European neighbors, but how easy is it doing business there?

Poland has been steadily liberalizing its economy since 1990 and is currently placed by the World Bank as Europe's eighth largest economy, largely due to its export-orientated private sector. This has allowed it to emerge from the global financial crisis in better shape than neighboring countries. Tourism, banking and energy are prominent growth sectors, with traditional exports in chemicals and textiles remaining a strong feature of the Polish economy.

Despite strong annual growth figures since 1991 – achieving 24 per cent growth compared to the EU average of 0.6 per cent – and a skilled workforce, there remain a number of hurdles facing the Polish economy that should be considered by businesses looking to establish and maintain business relations there. In particular, the recent change in government on a controversial reform

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