Locked content World Bank revises economic forecast for Poland downward

According to the World Bank, Poland’s GDP in 2017-2018 is expected to decline from the previously forecasted 3.9 percent to 3.5 percent. Nevertheless, the financial institution has kept Poland’s GDP growth at 3.7 percent for 2016. “The fiscal prospects for Poland after 2016 are unc...

Locked content GDP up by 3.9% y/y

Poland’s GDP (not seasonally adjusted) totaled 3.9 percent in the forth quarter of 2015, compared with an increase of 3.5 percent in the third quarter, the Central Statistical Office (GUS) reported. The data is slightly higher than experts’ expected, as the market consensus stood at 3.8 ...

Locked content FinMin: Poland may achieve 5.5% GDP growth

Polish finance minister Paweł Szałamacha believes that Polish GDP annual growth may reach 5-5.5 percent within three-four years, the Polish Press Agency (PAP) reported. “I think it is possible. This is the pace that will allow us to make up the distance with wealthier countries and will positi...

Locked content EC predicts Polish GDP at 3.5%

The European Commission predicts Poland’s GDP to stand at 3.5 percent this year and the employment rate to keep falling, Valdis Dombrovskis, European Commission Vice-President for the Euro and Social Dialogue said after a meeting with Paweł Szałamacha, the Polish Minister of Finance. “I ...

GDP up by 3.4% in Q3 – GUS

The seasonally unadjusted real GDP growth rate stood at 3.4 percent in the third quarter, compared with 3.3 percent in Q2, the Central Statistical Office (GUS) announced on Friday.

Locked content MF: PLN 976mln from privatization in 2016

The Ministry of Finance published a budget bill for 2016, which assumes that the profit from privatization will increase up to PLN 976 million in 2016, although the estimated amount for this year was PLN 106,65 million. “Similarly to previous years, the greatest profit from privatization will ...

Locked content Over PLN 335 bln spent on EU programs in Poland

In the years 2003 to 2007,  PLN 355,9 billion – of which PLN 252,2 billion was EU financing  – was spent on implementing EU programs in Poland,  the Ministry of Infrastructure and Development informed. Also during this time 106,300 new EU support agreements were signed worth PLN 409 bill...