Polish Toledo

This blog is associated with www.polishtoledo.com

Sunday, April 01, 2007

Goldilocks Economy of Poland

Poland's 'Goldilocks" economy is luring foreign investors, winning credit-rating upgrades and pushing the currency higher. Economic expansion will be the fastest in a decade, along with one of the lowest inflation rates in the European Union according to government sources.

Poland's currency rose to 3.871 per euro outpacing the Slovakian koruna and Hungarian forint, which were among the world's top three performers in the past year. S&P upgraded Poland's long-term foreign debt rating to A- from BBB+.

The zloty may extend its advance as companies including Procter & Gamble Co., Dell Inc., and Ikea build factories and stores in Poland, and demand for the nation's exports increases.

Not too hot, not too cold. Just right for long term growth. Now, if the Polish economy could only find shoes to match.

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1 Comments:

At 5:19 AM , Blogger Hooda Thunkit (Dave Zawodny) said...

Yeah, Goldilocks needs to lose the clunky shoes;they make her gorgeous legs look to skinny ;-)

The outfit though, she should keep.

Hotchaaa...!

 

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