Poland's CFOs are more optimistic than their peers in other CEE countries, according to advisory Deloitte's "Central Europe CFO Survey," carried out in Poland, the Czech Republic, Slovakia, Romania, Croatia and Hungary in December-January. Three-fourth of Polish CFOs expects GDP growth of up to 3.0% in 2012 (vs. last year's 4.3%), while in other countries of the region, their peers expect economic expansion of no more than 1.5%. Indeed, 40% of Hungarian CFOs forecast a recession. In Poland, CFOs think that the tie for investments and risk-taking has come: 35% of them deem that the climate for such actions has improved - as compared to 25% of them voicing such views in H1 of 2011. In other CEE countries, such views were expressed by 3-15% of the polled. |
The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more
The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more
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