A brief moment of happiness

At the end of February, the Warsaw Stock Exchange was the only exchange not to follow the trend set by foreign trading floors. its indexes did not climb despite the lead from developed economies. analysts have put this down to local issues: the reform of open pension funds, anxieties over higher inflation and the prospect of less money from the European Union As a result the WIG 20 fluctuated at around 2,600-2,700 points. The anxiety resulting from the tense situation in Libya and its effects on the global economy could be sensed in the news coming out of various economies. The fall in the world's exchanges turned out to be short-lived and indexes started to climb again in the first days of March. This time a positive influence from abroad could clearly be felt in Warsaw. At the beginning of March the WSE was one of the fastest growing indexes in the world. The fuel for the growth turned out to be better forecasts for the Polish economy (which is to grow by over 4 pct this year) and n