Poland: Lower Growth Forecasts

BusinessEconomy ♦ Published: January 22, 2013; 19:23 ♦ (Vindobona)

The slowdown of the Polish economy continues. The government is becoming impatient.

Poland: Lower Growth Forecasts / Picture: © Vindobona.org

According to the European Bank for Reconstruction and Development, Poland will grow by 1.5% this year. The IMF was slightly more optimistic and forecasted a GDP growth of 1.8%. In October, EBRD has forecasted a growth rate of 2.2% for 2013. Last year, Poland´s GDP was up by 2.0%, EBRD stated.

The Polish government wants the domestic economy to recover…