Posted by While Lithuania’s economy is shrinking at a record tempo, Poland’s has been growing despite the crisis, notes the lithuanian daily Lietuvos Rytas, listing a set of reasons:
“Lithuania has done away with reductions to value added tax, even for books and food. Poland has done nothing of the sort.
The result: thousands of Lithuanians (as well as Slovaks and Germans) drive to Poland to do their shopping because meat is cheaper there, while economic tourism has all but come to a halt in the other direction. [Lithuanian Prime Minister Andrius] Kubilius’ government has raised the petroleum tax above the EU level, while Poland has left it as it was.
… The list goes on. Above all however, Kubilius strikes fear into people’s hearts on a daily basis with portents of the upcoming apocalypse. And his cabinet ministers outdo each other with negative prognoses, causing people to save more and more. [Poland's Prime Minister Donald] Tusk hasn’t got anyone worried, and perhaps that’s why his country is on a growth course.”
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