Once-drab Warsaw changed by wealth into booming modern city - News Summed Up

Once-drab Warsaw changed by wealth into booming modern city


Warsaw, a city of Old World charm that was turned to rubble and ash by Nazi Germany, has been reborn twice since then. But almost three decades of post-communist economic growth have produced a booming city of modern glass architecture, cutting-edge museums and revitalized historic buildings. "Warsaw has become very vibrant and international," said the 34-year-old, a public relations specialist for a software startup. Foreign money began to pour in after the fall of communism, producing skyscrapers, international hotels and shopping malls. The boomtown's development is buoyed by the strong Polish economy, with national GDP growing more than sevenfold since 1990 — a 28-year period that hasn't had a single recession.


Source: ABC News June 07, 2018 08:48 UTC



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