Polish economy will rise over 3 percent each year throughout 2015-2020, BofA Merrill Lynch predicts. Poland and Romania will be the leaders of the CEE region.
“Poland has been creating stable growth conditions, supported by infrastructure investments, healthy companies finances and banking system capable to fund a dynamic economic growth. By 2020, Poland will have the highest GDP in the CEE region,” BofA informed.
What is more, Poland is one of the most attractive investment destination in terms of predicted economic growth and economic and political risks, in BofA’s opinion. Since 2008, Poland and Turkey has noted some crucial improvements regarding competitiveness and management.
According to BofA, three main factors contributing to the region’s growth in the upcoming years will be rising prices of commodities and debt, increased productivity and demography.