The Poland, ancient country of Soviet Block, has since his entering in European Union in 2004, has create in July 2005, the Warsaw Stock Exchange. This financial place was exclusively managed by the Polish state. But recently, in October 2010, the private financial operators can introduce the news values. A wave of privatization authorizing by the polish government attract the foreign investments. It’s notably the case for the American Banks like Goldman Sachs and Morgan Stanley. For the Polish Treasury Minister, he is inconceivable to privatize without the bank of Investment. Adding that, Warsaw stock exchange has signed an agreement with NYSE Euronext (combining the values of New York Stock Exchange and the gathering of Stocks exchange Paris, Rome and Brussels) in 2012.
Even if the Poland has a Public Debt to 7 or 8 per cent, the growth in 2010 was of 3,6% and probably of 4 percent in 2011. It’s the development of Capitalism, but the Polish government want control his financial place, all new introduction will be sharply analyzed. They not want like other European financial place, having that the eyes for crying. Adding that, the low level of liquidity in Poland can guarantee stability. There are also the will to develop the economical partnership with the boarder countries like Ukraine and Czech Republic and the Lithuania in order to contribute to the financial health of great industry for instance like Kernel Holdings who produce sunflower oil, the largest agricultural company in Ukraine.
Otherwise, The capital Warsaw hope many investments in his country and following stock Exchange but plan that for avoid a overheated to mastering the toxic investments which create a financial bubble. Nevertheless, the European Bank for Restructuration and Development contributing to help the new Republic of East, it’s a good point in order to set up the new economic rules to heart of EU.