“Polysite It is an increasingly controversial scenario that would have dire consequences. Experts warn: Poland’s exit from the European Union will destroy its economy and lead to a national rebellion, “writes Matthias Brugmann in the weekend edition of the largest daily newspaper of the economic circles -“Handelsblatt“.

The author states that the term “polnische Wirtschaft” (Polish economy), which was previously an insult, is now synonymous with extraordinary economic success. As he emphasized, Poland’s GDP has more than doubled since its accession to the European Union in 2004. Brugman adds that Poland’s growth rate is higher than that of Germany, and Poland has the lowest unemployment rate in the European Union and ranks third in Europe in terms of investment. the alien.

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Dark clouds over Poland

“However, nowadays dark clouds are gathering on the Vistula and Oder: more and more people are talking about politics – Poland’s withdrawal from the European Union. There are two main reasons: the frustration of the largest economy in Eastern Europe from Brussels and the dissatisfaction of the Western European countries with anti-democratic politics increasingly to the authorities in Warsaw – noted the journalist “Handelsblatt”.

Soon, a decisive duel between Poland and Brussels could take place, Brugman wrote, explaining that the Polish Constitutional Court may issue a ruling on Polish law on EU law next Thursday.

leading Mateusz Morawiecki and his “nationalist populist Law and Justice” party want to decide for themselves on matters of the judiciary. PiS accuses the EU of “colonialism” and describes its actions as “the struggle for Poland’s freedom and sovereignty”.

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In this context, Brugman cites the statement of MP Marek Suski, a member of the PiS, who compared the current conflict with Brussels to the fight against German and Soviet occupation, and the deliberations of fellow club Janusz Kowalski, who implored him to consider whether the British track would do so. Be the best for Poland. The author draws attention to the statements of Minister of Justice Zbigniew ZOProwho says he “thunders against the EU almost every day”.

Constitutional amendment is a test

As “Handelsblatt” wrote, the opposition decided to put the PiS to the test. The lower house is set to deal with changing the constitution, thanks to which Brexit will only be possible if such a proposal is supported by two – a two-thirds majority in parliament, instead of the normal majority as it is now.

Brugman explains that “the opposition forces the Law and Justice Party to take a clear position against politics, and therefore against the partner of the National Alliance, through a parliamentary decision rather than a (party) decision.”

Handelsblatt asserts that Poland, with a population of 38 million, will receive up to €75 billion from the European Cohesion Fund in 2021-2027, while Italy, with a population of more than 60 million, can count on €42.1 billion.

According to the German newspaper, 58 billion euros have been allocated from the European Reconstruction Fund for Poland. However, these measures have not yet been mobilized, which “exacerbates frustration” and “fuels political debate”. The representative of the economic circles in Warsaw, who wants to keep his identity confidential, warns that “if this situation continues for two or three years, positive feelings towards Europe will be reversed.”

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The electrifying effects of Polexit

The effects of Poland’s exit from the European Union would be electrifying – ‘Handelsblatt’ judges Polish economics editors Rocha Donin-Wysowicz of the London School of Economics cite political policy as ‘more disastrous than Brexit’. Unlike Great Britain, leaving the European Union would not only lead to an “economic and financial crisis” for Poland, but also to a civilized collapse.

Irenus Bell of Amicus Europae believes that political politics will lead to the outbreak of a national rebellion. Leaving the EU would be a “budget earthquake” and a shift toward “right-wing authoritarianism”, and it could discourage foreign businessmen from investing in Poland.

Poland’s membership in the European Union is for many investors one of the most important criteria determining the attractiveness of Poland as a suitable place for investment – emphasizes “Handelsblatt”.

The article comes from the site German wave