L’economia polacca da mille miliardi di dollari mostra i suoi muscoli in Germania

*From Bloomberg News reporter Konrad Krasuski*

Data compiled by Bloomberg show that companies from Poland announced 22 acquisitions in Western Europe last year, the highest number on record, and another four are in the works this year. The tally also points to a growing number of takeovers in Germany, with nine deals spanning industries such as automotive, IT and food production.

While its politics have been turbulent and soaring wages and artificial intelligence are threatening some industries, the spree reflects how Poland’s economy has grown into a $1 trillion regional powerhouse. It’s now flexing that muscle in a country that helped bankroll the transformation.

When Poland joined the European Union in 2004, Germany’s per-capita gross domestic product was more than four times bigger. Germany remains the biggest investor in the country, its companies spending 265 billion zloty ($75 billion) over the following 20 years, across the automotive, engineering and retail industries, Polish central bank data show.

The gap, though, is narrowing. German GDP per capita is now about double Poland’s, while sluggish growth in Europe’s largest economy has created acquisition opportunities for Polish companies that built up resources at home.

There is always talk about GDP, income, but not wealth accumulated. 

Always about how big growth was and how big net funding was, but never numbers, like it was all just bought. 

Polish will not disrupt markets, they will play the game and buy you out. That is some assurance. 

While the headline suggests that this is bad news for Germany it’s much the opposite in my opinion. It’s great to see that other nations are utilizing the investments from the EU to grow strong and have a prosperous economy. The endgoal will be that all nations in the EU are at the level of the current top GDP nations and if any one surpasses Germany or others than it can slip into the role of supporting the other nations. That’s perfect, that’s what the union is made for.

roll those tanks into Berlin

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Wait. Why isn’t this a puff piece where they compare Poland’s economy to the UK’s through a very questionable metric? This isnt the r/europe i knew and loved.