Greek concerns depress Polish shares

28 May 2012

Extremely low pricing along with the long-term pessimism among investors are impacting on sales Warsaw’s stock exchange at the beginning of the week. If Greece were to leave the Eurozone by the end of the year, that would result in Portugal and Ireland following suit by 2013, claims Adam Zaremba from Idea TFI. Only then would the time come for making money on the stock, says Zaremba, arguing that emerging markets like Poland’s would then come into play. With a large reserve of EU funds, and an independent currency, Poland will even out the negative effects of financial turmoil on European capital markets, claims analyst.

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