Why investors love Poland

After two successful privatizations this summer, foreign investors have become highly enthusiastic about Polish stocks. And there's more to come: some 80 companies have applied to the SEC to issue shares before the end of the year, and 60 of these would be IPOs. Antony Currie reports.

What happened on July 15?

Foreign investors have been getting excited about Polish stocks this year. Not only is GDP growth in Poland (7% in the first quarter of this year) the best in central and eastern Europe, but the stock market has developed into one of the region’s most liquid, with a large retail as well as institutional investor base. Poland also managed to stave off a Czech- or Thai-style attack on its currency from foreign speculators this summer.

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