Poland's economic growth will probably decelerate to 2.9% in 2012 from last year's 4.3%, according to the June update to the EU11 Regular Economic Report of the World Bank. The institution presented the 2.9% forecast in November and upheld it in May. It now also said that in 2013, Poland's economy will probably expand by 3.2%. Thus, Poland will note the highest growth among CEE and SEE countries covered in the report both this and next year, it transpires from the report. This year, the Polish government expects growth to decelerate to 2.5%, the European Commission sees the figure at 2.7%, while the National Bank of Poland (NBP) - at 3.0%. |
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