Feb 19 • 06:00 UTC 🇵🇱 Poland Rzeczpospolita

The profitability of SAFE, the acceleration of the economy, and Japan's investments in the USA

The podcast discusses the financial implications of the EU's SAFE program for Poland's military modernization and the government's vision for economic growth.

In a recent podcast episode of "Your Business," the discussion focused on the European Union's SAFE program, which Polish Finance Minister Andrzej Domański argues could provide cost-effective financing for the modernization of the Polish military. The program is estimated to yield savings of 30 to 60 billion PLN compared to traditional treasury bonds. However, some economists caution that while the European Commission can borrow at cheaper rates, there are risks associated with financing in euros and long-term exchange rate stabilization.

Additionally, Prime Minister Donald Tusk announced at a conference held at the Warsaw Stock Exchange that the upcoming year will be marked as a period of economic acceleration for Poland. The government is optimistic about increasing investment and improving household conditions, projecting that capital mobilization could reach up to 100 billion PLN by 2040. This bold claim is set against a backdrop of aspirations to match the United Kingdom's GDP per capita.

The implications of these discussions are significant for Poland's economic strategy, particularly how Poland approaches foreign investments and public funding models. As attention turns toward potential cooperation and investment opportunities with Japan, the government aims to harness these opportunities to bolster economic growth and military capabilities, ensuring that Poland remains competitive on the European stage.

📡 Similar Coverage