EU funds help reduce unemployment

The best indication that the crisis has now also hit Poland is given by the rising unemployment rate, writes Paweł Czuryło in the conservative daily Rzeczpospolita. But as opposed to at the beginning of the decade, the country now has access to EU funds to assuage the problem: "This can be best seen with a look at the locations worst hit by unemployment. These include places which exerted a strong attraction on foreign investment in recent years and which today are dismayed at the drop in orders. Some of the unemployed are Poles who returned home after losing their jobs in the West. ... Certain problems on the job market can be compared with the situation at the beginning of the decade, when the jobless rate in Poland hit 20 percent. But it must be stressed that the situation has changed entirely. Back then we had no way of dealing with the problem, we had no EU funding. ... Now this funding can be put to good use. That is shown by the countless number of new businesses being established."

» full article (external link, Polish)
More from the press review on the subject » Economic Policy, » Poland
All available articles from » Paweł Czuryło

» To the complete press review of Friday, May 29, 2009