Finance Minister Jacek Rostowski has said there is “every reason to believe” that the years 2014-2015 will be better for Europe and should usher in a “significant rebound” for the Polish economy. The finance minister made the comments at an economic debate organized by the opposition Democratic Left Alliance (SLD) party last week.
“We will have a tough 2012 and a tough 2013, with a significant slowdown, we are aware of this,” said Mr Rostowski before making his more optimistic forecast for the subsequent years.
However, economists say a lot depends on how the word “significant” is defined in this context, and how the global economic crisis plays out.
Witold Or³owski, chief economic advisor at PwC, who was also at the debate, said it is “unlikely that Polish GDP growth will return to 5-7 percent if Western Europe does not solve its problems.”
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