Moody's: Poland's credit profile remains strong notwithstanding slowdown.

By bne IntelliNews September 11, 2012
The Polish economy has proved to be resilient in the past and even though one cannot rule out a slowdown similar to the 2009 one, Poland's credit profile remains strong in the context of Europe's worsening economic outlook, Jaime Reusche from Moody's Investors Service said in a statement sent to the Polish Press Agency. In 2009, Poland's GDP growth slowed down to 1.7%, when most of Europe experienced recession. In March, Moody's assigned a Prime-1 short-term debt rating to the government of Poland. The government's existing long-term debt rating has been confirmed at A2 with a stable outlook.

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