Poland’s defiance in brief

By Luis Arroyo, in Madrid | Poland is one of those countries whose contrast surely must give food for thought to the believers in the inflexible laws of the European common currency. Outside the sacred euro area, its economy grows, its real GDP!, while its unemployment rate evolution is flat at slightly under 2007 levels.

But the euro authorities keep stuck in t

heir proud, honourable convictions, avoiding the challenge of facing the reality of a failed euro zone as it is. Poland, after all, isn't as wealthy as we are… that is, not yet.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.