The European Bank for Reconstruction and Development (EBRD) has upgraded its forecasts of Poland's 2010 GDP growth to 2.6% from 2.3% expected in January (vs. 1.8% reported for 2009). In 2011, Poland's economy should expand by 3.3%, the bank added. This year, the highest growth among the countries in which the EBRD operates will be noted in Slovakia, by 3.4%. Overall, the EBRD has raised the growth forecast for its countries of operations to 3.7% in 2010 from 3.4% forecasted in January. tom |
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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
When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more