Monday, May 21st, 2012
Today's weather     
World Bank lowers GDP growth forecast for Poland

20th January 2012
Bookmark and Share


The World Bank, which several months ago expected Poland's economy to grow by 2.9 percent this year, now predicts that Poland’s GDP growth might slow down even to 2.5 percent in 2012.

“Poland's numbers could be somewhere between 2.5 percent and 2.9 percent. Now we are leaning towards 2.5 percent,” Andrew Burns, manager of global macroeconomics at the World Bank, told a conference on Thursday.

When asked about what the country should do to ensure its economy keeps growing, Mr Burns answered: “More of what it has already done, while assuming that the situation will keep getting worse, at least through the first half of the year.”

Poland A.M.


From Warsaw Business Journal


Advertisement
The business of politics
Polish politics hits new low
BY Remi Adekoya
It is difficult to think of any major European country where there is as much polarization and hatred between political parties and ... READ MORE
The business of politics
Poland's Ukraine headache
BY Remi Adekoya
Following a flurry of announcements by top EU officials (including the President of the European Commission Jose Manuel Barroso), that they will ... READ MORE
Our partners