Amid the doom and gloom across Europe at present, Poland is an island of optimism, writes Galen Stops.
Poland was the only EU economy to avoid recession during the
financial crisis, its GDP grew by 4.3% last year and is
expected to outstrip all its European counterparts in 2012.
The Warsaw Stock Exchange (WSE) is also implementing new
technology and seeking to attract foreign investment in a bid
to replicate the country’s economic success
through its equity derivatives trading.
A quarter of a century ago, the idea that Warsaw would
become a hotspot for European equity derivatives was
unimaginable. The WSE was mothballed and the iron grip of
communism still held fast over Poland.
Following the fall of communism in 1989, the county has
taken a giant leap in the development of its stock and
As a new technology platform is implemented and the
international market is starting to take an interest in the
flagship Wig 20 contract, the future is bright for the
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