“No Recession in Poland”

BusinessEconomy ♦ Published: September 27, 2012; 23:11 ♦ (Vindobona)

The Polish economist Jan Krzysztof Bielecki is optimistic regarding the development of Poland´s economy.

“No Recession in Poland” / Picture: © Vindobona.org

Although next year will be worse than this year, Poland´s economy does not face a recession, Bielecki says. This year, Poland´s GDP should grow by 2.2%.

The flattening GDP growth would be no recession scenario, he explained. In 2014, the growth rate will be substantially higher than next year, he forecasts.

However, Poland will not meet its budget goals this year.…