Poland: Favorable Economic Outlook

BusinessEconomy ♦ Published: November 12, 2013; 10:09 ♦ (Vindobona)

According to the European Bank for Reconstruction and Development (EBRD), the Polish economy will see an upswing next year.

Poland: Favorable Economic Outlook / Picture: © Vindobona.org

On Monday EBRD has corrected its growth forecast upward. According to the bank, economy in Poland will grow 2.3 percent next year instead of the previously estimated 2.0 percent.

However, growth for 2013 is, according to EBRD, not going to grow further than anticpated and will therefore remain at 1.2 percent. According to the bank’s autumn report, the Polish economy has emerged…