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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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