Poland’s economy has witnessed remarkable progress since it joined the European Union in 2004. As the country marks the 20th anniversary of its accession to the EU, TVP World conducted an interview with Piotr Bujak, Chief Economist at PKO Bank Polski.
Bujak said that Poland’s economy, in all its facets, has significantly risen since the country joined the EU.
“Poland’s position in the EU is definitely much better today than 20 years ago. When Poland entered the EU in 2004, it was a much smaller economy, with much lower incomes [compared to other EU states- TVP World] than now.” However, he pointed out that during the last 20 years in the EU, Poland has utilized the open European market and “there’s been very strong expansion of Polish exports, and incomes in Poland converge very much to the EU average.”
Bujak, a graduate of the University of Warsaw, carries 20 years of experience at various financial institutions, including serving as Chief Economist for Poland at Nordea Markets (2011-2014) and Senior Economist at Bank Zachodni WBK (now Santander Bank Polska). He is also the author of several scientific publications and numerous articles pertaining to economic issues.
“Poland’s position in the EU is definitely much better today than 20 years ago. When Poland entered the EU in 2004, it was a much smaller economy, with much lower incomes [compared to other EU states- TVP World] than now.” However, he pointed out that during the last 20 years in the EU, Poland has utilized the open European market and “there’s been very strong expansion of Polish exports, and incomes in Poland converge very much to the EU average.”
Bujak, a graduate of the University of Warsaw, carries 20 years of experience at various financial institutions, including serving as Chief Economist for Poland at Nordea Markets (2011-2014) and Senior Economist at Bank Zachodni WBK (now Santander Bank Polska). He is also the author of several scientific publications and numerous articles pertaining to economic issues.
