Poland Could Face €90 Billion Annual Loss If It Exits EU, Report Warns
4 Articles
4 Articles
Poland recorded a €58.7 billion surplus in its financial balance sheet as a member of the European Union, while leaving the union could mean a loss of approximately €90 billion annually, according to a report by the Union of Entrepreneurs and Employers (ZPP). Experts believe that the current economic development model requires change.
Over 70% of Polish exports go to the EU market, and the financial balance of Poland's EU membership is positive, according to the Union of Entrepreneurs and Employers. They believe that leaving the EU would have particularly severe consequences for the Polish economy.
Poland has gained nearly €59 billion from EU membership, while leaving the bloc would mean a loss of approximately €90 billion annually, according to a report by the Union of Entrepreneurs and Employers. Its authors warn that a potential Polexit would be more painful than Brexit for the UK.
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