Poland not worried about hard Brexit

According to the Washington Post, a daily, Poland is relatively relaxed about the prospect of a no-deal Brexit. Economists claim that the country can even benefit from Brexit by attracting new investments and welcoming returning Polish emigrants. Negative effects are to be only short-term and apply especially to companies affected by higher export duties. Some of them have already started trying to diversify their export markets.

Another issue is money transfers to Poland from emigrants living in the UK. According to the World Bank, they accounted for 1.2 percent of the Polish GDP last year. However, analysts believe that the decline in transfers will be offset by the return of some Polish families, and perhaps also companies, to Poland.

(300Gospodarka)