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In 2011 we experienced one of the most challenging 12 months in recent history. The EU and the Eurozone faced and continue on contemplating very difficult times.
With all the turmoil in the world – Japan’s natural disaster, Arabia Spring, US economy slowdown, Chinese economy deceleration and commodity market price fluctuations, difficult scenarios were forced upon most countries in Europe.
The exception, again is Poland! The nation’s 2011 GDP growth closed at around 4%, with a historic “blue ribbon” for the country’s political endeavor. The fact that the government was reelected for the first time since we became a democracy in 1989 is certainly a good and much needed sign of political stability.