Polish lawmakers have approved a measure that would exonerate most workers under the age of 26 from income taxes as the country seeks to stem the flow of its young people to other EU nations in search of better paying jobs.
Polish Prime Minister Mateusz Morawiecki, commenting on Frans Timmermans's candidacy for president of the European Commission (EC) in Brussels on Monday, said the new opening in the EU that is "undoubtedly" visible today requires new faces and new ideas.
During the current global economic slow-down, Poland stands out as a European growth champion. With an uninterrupted pace of high growth averaging 4.2% per annum between 1992-2019, Poland is steadily catching up with Western Europe and has become the seventh largest economy in the EU with a total GDP of €524 billion. Considering its population of 38 million, scarred by a turbulent history and post-EU entry emigration bleed, we think that Poland’s remarkable growth engine is not receiving the attention it deserves.