Abstracts » Business

Poland is a rising star

Article Abstract:

Poland is one of the most attractive markets in eastern Europe, due to its long-term prospects. Polish economic growth was above 6% for 1994 to 1995, and could continue at over 5% until after 2000. Poland benefits from an entrepreneurial culture with the private sector accounting for more than 60% of the Polish economy. The stock market began operations in 1991 and has tended to be geared to Polish investors, but reforms should improve liquidity and access for foreign investors.

Security and commodity exchanges, Poland

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Hold-ups on the Equity autostrada

Article Abstract:

The Italian stock market may benefit from an announcement that Fiat will resume payments of dividends. Fiat has benefited from a fall in the value of the Italian lira, but a weak lira has also pushed up commodity prices and fueled inflation. Italy is faced with fiscal challenges and pension reform is insufficient to solve the budget deficit. Inflation and a weak lira are likely to dampen the enthusiasm of foreign investors for Italian shares.

Italy

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