Entrepreneurs must invest or face the consequences

An economic revival is clearly evident, but without the support of entrepreneurs and investments, it will not last for long and will not be stable. Economists estimate that the economy grew by 5.6% in 2004, while next year the GDP should increase by 4.8%. The labor market has yet to feel the recovery as in November the number of unemployed amounted to 18.7%, but according to the government estimates it should drop to 18.2% in December. In 2004 firms (excluding financial companies) tripled their net profits to zł.46.4 billion, but analysts expect that the results will worsen in 2005 due to further appreciation of złoty and its disadvantageous influence on exports. In 2004 exports denominated in Euro increased by 23.4%, while imports by 17.2%. (Parkiet, p. 1) M.M.