Moody's upholds stable outlook for Poland's ratings, see GDP up by 1.8% in 2010.

By bne IntelliNews April 14, 2010
Credit-rating agency Moody's Investors Service has upheld stable outlook on Poland's sovereign rating that is based on the assumption that the extensive fiscal deficit will be lowered after the round of elections in 2010-2011, the agency has said. The agency forecasts Poland's GDP growth at 1.8% in 2010 and 3.2% in 2011, vs. last year's 1.7%. Poland's foreign currency debt ratings are Aa1/P-1, foreign currency deposit ratings: A2/P-1 and the sovereign bonds' rating A2. tom

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