Poland: Recovery in Mid-2013

Politics ♦ Published: December 20, 2012; 00:15 ♦ (Vindobona)

Poland´s new Deputy Prime Minister Janusz Piechocinski forecasts an upward trend beginning in the second half of next year.

Poland: Recovery in Mid-2013 / Picture: © Vindobona.org

According to Piechocinski, Poland´s economy will recover in the medium term. In the last quarters, Poland´s growth rate fell substantially. In November, Poland´s industrial sector registered a decrease in production of 0.8% compared to November 2011. Compared to the previous month, output was down by 4.6%. After the expansive monetary policy of NBP (Polish…