Poland Property Investment News

Polish economy set for huge investment

Polish economy set for huge investment

A UEFA meeting in Cardiff on April 18th could decide the future of the Polish economy.

With the European football governing body due to meet to choose the venue for the 2012 European Championships, success for the joint Poland-Ukraine bid would lead to an injection of 37 billion, thanks to an EU finance package.

At a press conference yesterday, Sports Minister Tomasz Lipiec and Transport Minister Jerzy Polaczek said that Polish football, which has recently come under fire after a match-fixing scandal, was no less stable than other European nations and that winning the bid for Euro 2012 would prove historic for the nation's economic prospects.

"To host the games would be a groundbreaking event for the economic prospects of the country as a whole, paving the way for a massive upgrading of its transport infrastructure and boosting its attractiveness as a tourism destination," their joint statement read.

"It is a chance we simply cannot afford to miss."

Poland was recently named as the most profitable country for buy-to-let investors, with a reported 165 per cent return per cash investment.

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