Polish business faces opportunity to expand in Ukraine
19:09
Economic emigration from Ukraine is dictated primarily by the difference in the level of remuneration. If it becomes blurred, there will be fewer and fewer employees from the East. This will affect our finances and the economy. Polish companies can profit though because the Ukrainian government intends to sell state-owned companies.
With the help of the International Monetary Fund, President Volodymyr Zelenski intends to sell state-owned companies, reduce the budget deficit and relax the rules on land ownership. Admitting foreign investors to the country will certainly improve the situation in the local labor market.
"The impact of introducing liberal economic reforms in Ukraine that may reduce migration on the Polish economy will be limited in the medium term," says Piotr Soroczyński, chief economist at the Polish Chamber of Commerce (KIG).
