Without the courageous actions by the Polish people at the time, this country might not be part of the European Union today, and Europe might even be still divided in East and West.
Many factors suggest that this situation will be difficult to turn around quickly, including the slow recovery of the economy and housing market, continued uncertainty surrounding the future of the government-sponsored enterprises (GSEs), the lack of a healthy private-label securitization market, and cautious attitudes by lenders.