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Editor's note: A rough start, but the sky's the limit

Turmoil over gas prices and the resignation of one of the government's key Ministers - the Treasury Minister - were disconcerting events, especially from the perspective of foreign investors. Let's hope the rest of the voyage will be more comfortable for the Polish economy. 

However, just a few days later, the year seemed to take a decidedly more positive turn. WSE indices skyrocketed and the złoty has reached its highest rate against the euro in three-and-a-half years. Investors are flocking to Poland, and even though the market has been bullish for a while, experts don't forecast it will end soon. On the contrary - currency analysts assure us that the złoty will beat further records later this year.

How is it possible that in spite of negative political signals, and the vacancy at the helm of the Treasury Ministry surely is one, investors aren't running for the hills? The answer is simple and extremely beneficial for Poland. The truth is that this is the first time ever we are witnessing a truly bullish market in Poland. I used the word 'truly' because it is based on the healthy foundations of the Polish economy.

Investors are interested in the Polish market and keep buying T-bonds regardless of the political ups and downs. The reason? The Polish economy is in such good shape that, for the time being, politicians are unable to spoil it. The good signs include growing GDP, lower interest rates and improving results of listed companies. I hope the rest of the year goes as well - investors' sensitive stomachs can't take much more of the first days' bumpy ride.

Eliza Durka

Editor-in-chief

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