Moody's expects Poland's GDP growth positive, in face of higher risk in West.

By bne IntelliNews April 23, 2012
Poland's GDP growth will remain positive, even as the risk of recession in the major Western European countries intensifies, according to Moody's Investors Service's press release. Even though GDP per capita is lower than the other Central European countries, the economy is relatively large and growth has been balanced, providing an important degree of stability through the global financial crisis, the agency stressed. Moody's notes that economic growth has strongly outperformed peers since 2008 (Poland was the only country in the EU to have positive GDP growth in 2009), closing most of the gap that opened during the 2004-07 boom, when Poland grew more slowly than the regional average.

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