Polish companies are expected to start saving more in preparation for an upcoming economic slowdown. These savings will provide a buffer or reserve, which in the coming years will support the Polish economy, say economists.

“This is a buffer, through which, if nothing unexpected happens, Poland will be provided with decent economic growth over the next few years,” Radosław Bodys, chief economist of PKO BP, told the Puls Biznesu daily.

By the end of 2011, Polish entrepreneurs held zł.203 billion in bank deposits. This is equivalent to 13.3 percent of Poland’s GDP.

RG