Investment Climate and Market Structure in the Energy Sector Poland
Article from: OGEL 5 (2004), in The Energy Charter Treaty
Introduction
With an area of 312.7 thousand square kilometres and a population of almost 39 million inhabitants, Poland belongs to the largest European countries. Poland is rich in natural resources: coal (largest producer in Europe), natural gas, sulphur, salt, ferrous and non-ferrous ores, silver, etc. After the period of political and preliminary economic transformation starting in 1989, Poland has begun to show a sustainable economic growth. The Polish currency PLN became fully convertible in 2000, and inflation rate dropped to 2% in 2002. Poland became an OECD member and is close to a successful ...