Belka: Recovery Will Be Longer

People ♦ Published: December 5, 2013; 15:36 ♦ (Vindobona)

According to Marek Belka, governor of the National Bank of Poland (NBP), the country’s economy sees a continuing and persistent recovery.

Belka: Recovery Will Be Longer / Picture: ©

According to the governor, the changes in the GDP structure indicate that domestic demand and investments increased in the third quarter after having remained in recession. "While it is hard to speak of growth, it's not a decline, so its progress," he said. However, the share of net exports is smaller, which, according to Belka, is a sign for the stabilization of domestic demand. "We…