Fitch sees Poland's A- rating and stable outlook as solid.

By bne IntelliNews September 12, 2012
Poland's sovereign rating at A- with stable outlook continue to be solid, notwithstanding disappointing Q2 GDP data, according to Fitch Polska's president Piotr Kowalski. He told the Polish Press Agency that the economic slowdown reported in Q2 of 2012 was anyway expected. GDP grew by 2.4% y/y (in seasonally unadjusted terms) vs. expected growth of 2.9%. According to Kowalski, no changes concerning Poland's sovereign rating should be expected by the end of this year. In June, Fitch Ratings assigned Poland's EUR1.5bn eurobond - due on Jan 19 of 2023 - an 'A-' rating.

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