Poland´s Central Bank Dissatisfied with GDP Growth

Politics ♦ Published: September 1, 2012; 00:43 ♦ (Vindobona)

In the second quarter, Poland grew by 2.4% instead of 3.0%. The Polish Central Bank does not want to postpone quantitative easing measures any longer.

Poland´s Central Bank Dissatisfied with GDP Growth / Picture: © Vindobona.org

Although the economic growth flattens, Poland still shows the highest growth rate in the CESEE region. Initially, economists anticipated an economic growth rate of 3.0% in 2012. After a growth rate of 3.5% in the first quarter, GDP growth reached 2.4% in the second quarter of 2012.

Polish economists call for quantitative easing steps in order to promote growth again. Marek Belka,…