Business in brief

14th August 2009

Young people make up some 35-45 percent of Poland's unemployed, Michal Boni, the Prime Minister’s economic advisor told the daily Dziennik.

He noted that even university graduates are having a hard time finding jobs and that the government's anti-crisis program has yet to improve the employment outlook for the young. Further planned initiatives by the state and the EU should help the situation, Boni added.

Poland's standard of living is on the rise and should surpass that of economically hard-hit Lithuania and Hungary this year, according to Eurostat. In 2008, per capita income in Poland reached 57.5 percent of the EU average, rising above 50 percent of Germany's for the first time. Po ...