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TNPGY - The European Court Of Justice Is Dragging MSCI Poland Down
Tauron Polska Energia SA ADR
Poland is one of the most dynamic economies in the European Union, with an expected GDP growth of 4.3% for 2019 (forecast from October 2019), much above Germany's 0.5%, France's 1.3% or Spain's 2.3%. The only other countries in the EU which have a comparable growth forecast for the period of 2017-2020 are Hungary, Romania and Ireland. Lower wages, a well-educated population, low crime rates and tax deals have attracted a multitude of companies to Eastern Europe, from electric vehicle battery factories by LG Chem (OTCPK:LGCLF) in Wroclaw (Poland) to offices of Credit