Poland: Economy Not to Recover Before July

Politics ♦ Published: May 15, 2013; 17:23 ♦ (Vindobona)

Polish economy is not expected to rebound as soon as the second half of this year and only on the condition that export partners see a growing GDP rate.

Poland: Economy Not to Recover Before July / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

The Polish economy is not expected to recover before the second half of 2013 and only on the condition that Poland’s export partners see a growth in GDP, the Finance Ministry’s chief economist Ludwik Kotecki explained in a comment to the first quarter’s flash GDP estimates which show that the Polish economy was almost slowing down to stagnation.

"We expect some improvement…