Moody’s sharply raises Poland’s GDP forecast

Ratings agency Moody’s raised its economic growth forecast for Poland this year to 4.3 percent from the previous 3.2 percent, citing positive statistical data, adding that Warsaw should maintain the momentum throughout the year.

Locked content Presidential FX-mortgage bill credit negative – Moody’s

Presidential draft bill on FX mortgage conversions would be credit negative, according to credit agency Moody’s, but should not affect lending rates. “The bill is credit negative for Polish banks because it would reduce their profitability, which is already challenged by a tax introduced last year a...

Moody’s upholds Poland’s rating, raises outlook

Rating agency Moody’s upheld Poland’s A2 rating and revised the outlook from negative to stable, citing reduced risks of loose fiscal policy and a lack of material deterioration in the investment climate under the Law and Justice (PiS) government.

Moody’s upgrades Poland’s GDP forecast

The rating agency Moody’s has upgraded Poland’s 2018 GDP forecast to 3.1 percent from 2.8 percent. According to the agency stronger private consumption boosted by an improvement on the labor market and pick up in the EU-funded investments will boost Polish economy. In 2017, the value of EU funds wil...

Moody’s upgrades Poland’s GDP forecasts

Ratings agency Moody’s has upgraded Poland’s GDP forecast for 2017 to 3.2 percent, from the previous 2.9 percent. The agency decided to upgrade the forecasts after a series of recent positive economic data. “Polish economy is showing signs of a nascent turnaround of last year’s real GDP ...