Business in brief

13th November 2009

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Polish economy pulls ahead Poland is positioned to overtake Hungary and Estonia in terms of economic development, according to the EC.

The per capita GDP of Poland was only about three-quarters of Estonia's in 2007, but with that Baltic state facing a nearly 14 percent decline in GDP and Hungary expecting a 6.5 decline this year, the EC says Poland's EUR 14,000 per capita GDP in 2009 – just over half that of Germany – will put it ahead of its neighbours.

Press facing tough times

Fewer Poles are buying newspapers and magazines, and as a result publishers are being forced to cut back and consolidate, recent figures show. All Poland's major dailies have seen sales fall, with circu ...