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KEY FIGURES

Surface area: 312 683 km2
Population: 38.6 million (approx.)
The capital: Warsaw (population: 1.7 mil.)
Monetary unit: Polish zloty (PLN) = 100 groszy (gr)
Exchange rate**: PLN per US$ = 4.23
Inflation**: 5.5%

GDP per capita*: 4 180 US$ (PPP: 8420 US$)
Average monthly wage**: ~ 520 US$ (gross)
Unemployment**: 16.0%
Industrial production (y-o-y change)**: 1.2%
Foreign direct investment flow*: USD 10.6 bn
Investment grade rating: Baa 1 (Moody’s), BBB+ (IBCA), BBB (S&P)

* Number from 2000
** Number from 08/2001

Independence
  • Poland has been independent since 1989
President
  • Aleksander Kwasniewski reelected in 2000
Parliament
  • Lower House (Sejm) – 460 members
  • Upper House (Senat) – 100 members
Leading party
  • SLD+UP (leader: Leszek Miller) – 219 seats in
    Parliament (out of 460)
  • Platforma Obywatelska (Tusk, Plazynski,
    Olechowski– 12%, 63 seats
  • Samoobrona (Andrzej Lepper) – 10%, 53
    seats
  • Prawo i Sprawiedliwosc (Lech Kaczynski)-
    9,79%, - 47 seats
  • PSL – (Jaroslaw Kalinowski) 8,76%, 42
    seats
  • Liga Polskich Rodzin (Antoni Macierewicz)-
    7,67%, 34 seats
  • German minority – 2 seats
Macroeconomic indicators
  • GDP – the rate of GDP growth has diminished within the past four years from an outstanding 7% to 4%; it is to fall down even further in 2001
  • Inflation – has decreased from 13.5 % in 1997 to 6.1 % in 2000; the downward trend is predicted to be sustained in 2001 and 2002
  • Exchange rate USD/PLN – 4.23
  • Gross foreign debt – 61.9 US$ bn in 2000
  • Foreign direct investments since 1991 - USD 49.4 billion


Economic development

In the last four years of economic development we can see:

  • steady increase of the unemployment rate
  • downward trend of the inflation rate despite its growth in 1999
  • diminishing rate of GDP growth
  • stable growth of the already high (when compared to the other CEE countries) amount of foreign direct investments attracted

1998
1999
2000
2001
Inflation (%)
13,2%
8,6%
9,8%
6,1%
GDP change (%)
6,9%
4,8%
4,1%
4,1%
Unemployment
10,3%
10,4%
13,1%
15,0%
Exchange rate (PLN/USD)
3,52
3,50
4,15
4,14
Direct foreign investments (in USD bln)
6,6
10,00
8,3
10,6
2010. Szeptember 5.  

   
    

 
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Serbia - Restructuring of a Serbian retail Company on behalf of a Hungarian Bank, including evaluation of Company's assets and enterprise value, the restructuring of its financial obligations towards creditors / banks
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