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Europe After The Lisbon Treaty. Strategies for the Future

conomic development is measured with invest- ment rates. Central Eu- rope is a special area as it has to catch up with its Western neighbours, hence creating an investment-fostering climate in this region is a priority. Rafał Baniak, Under Secretary of Sta- te in the Ministry of Economy, while assessing this climate in Poland, noticed that even tho- ugh we observed considerable growth in investment last year we are still trying to get out of a hole which we tumbled into during the crisis. Another fac- tor which has signicant im- port for climate assessment is post-investment protection, i.e. how states “behave towards investors who came to Poland and, as a result of a breakdown in sales, export or a change in exchange rates, found themselves in a certain dicult situation.” E Georg Milbradt, Former Prime Ministe , Government of Free State of Saxon , Germany

ithout a modern and well developed infrastructure Poland will nd it hard to compete with other countries in the region in attracting new investors. Taking into account the challenges Poland will be facing in the coming years, key issues include the development of transport, teleinformation and energy infrastructure. During the discussion between representatives of central and local authorities with representati- ves of private companies plans and concrete suggestions re- garding Poland’s infrastructu- re were presented. Foreign in- vestors will play an important role in this process. This subject was discussed by, among others, Maciej Jankow- ski,Undersecretary of State in the Ministry of Infrastructure, Federico Arias, President of In- dal from Spain, Stéphane Hild, General Director at the branch in Poland of Société Généra- le S.A., Roland Dubois, Board Member responsible for nan- cial aairs at Telekomunikacja Polska SA, Philippe Castanet, President of EDF Polska, and Zbigniew Szafrański, President of the Board at PKP Polskie Linie Kolejowe S.A., W Francis Bailly, Vice–President European Aairs, GE, Belgium

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Economic challenges of globalisation

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