Fitch: Poland Best Placed For Economic Recovery

Business › Economy ♦ Published: April 9, 2013; 15:37 ♦ (Vindobona)

In a statement regarding a report on the need of structural reforms in the CESEE region, rating agency Fitch awarded Poland the best position for an economic recovery among five countries.

Fitch: Poland Best Placed For Economic Recovery / Picture: © Vindobona.org

"Fitch believes that Poland is currently best placed to enjoy a recovery, followed by Romania, Bulgaria and the Czech Republic," Fitch said. The rating agency forecasts an average-weighted GDP growth will increase by 1 % in the five main Eastern European countries’ economy in 2013.

According to the report, for countries whose industrial production is very much attached to…

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