Economic Crisis

Poland’s shrinking millionaire population

Published on 14 July 2010 at 09:09

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“The crisis has decimated the number of Polish millionaires,” worries Rzeczpospolita on its front page. The daily quotes figures according to which the number of Poles worth over 1 million zlotys (some 250,000 euro) has dropped by one fifth since last year. ‘Until now, the number of the richest Poles kept growing steadily,’ notes the paper. According to experts, this worrying trend is a result of the fact that the crisis has struck Poland relatively late and business people felt its full impact only last year.

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