Czech admiration for Poland’s economic strides in recent years was evident at a conference organized by Czech news service Seznam Zprávy, where business leaders extolled the virtues of their northern neighbor.
Daniel Buryš, CEO of Kofola Group, noted, “We can all agree that Poland is effectively handling economic challenges. They are truly the predators. They are the China of Europe, and that’s how we should view them.”
The Czech business community highlighted several areas where Poland excels, such as lower inflation rates compared to Czechia, faster infrastructure development and greater resilience to the energy crisis.
Although GDP is only one economic indicator, Czechia’s economy has been hit by a recession, with the Czech Ministry of Finance reporting a 0.6 percent GDP decline throughout 2023.
Further insights were provided by the chief economist at Deloitte, who pointed out that Czechia remains “the only EU country still struggling with the negative impacts of Covid-19 and energy-related issues.”
He emphasized that Czech economic performance has not yet returned to its 2019 levels. Amid these macroeconomic indicators, the portal Seznam Zprávy directly stated, “Poland is a model for emulation in many aspects of economic development in Czechia.”
