Locked content GDP to grow 4.5% in 2018 – S&P

Ratings agency S&P Global Ratings increased its forecast for Poland’s GDP growth for 2018 to 4.5 percent, up from 3.8 percent in its January forecast. S&P also decreased the expected public debt level to 49.5 percent of GDP from 51.8 percent and maintained the budget deficit forecast at 2 pe...

S&P maintains Poland’s BBB+/A-2 rating, outlook stable

Ratings agency S&P has maintained Poland’s long and short term rating in foreign currencies at “BBB+/A-2,” the agency stated on Friday. The ratings’ outlook is stable. The long and short term rating in the domestic currency has also been maintained at „A-/A-2,” also with a stable outlook. Analys...

Locked content S&P: Lower EU funds might affect CEE countries ratings

Expected lower inflows of EU funds in the new European Union financial perspective beginning in 2021, might affect CEE countries ratings in a negative way, S&P rating agency said. “With Brexit, and increasing talks about a two-speed EU, as well as growing friction between nationalist governments...

S&P upgrades Poland’s GDP forecast for 2017

Rating agency Standard & Poor’s has raised its forecast for GDP growth in Poland this year to 3.6 percent from the previous 3.3 percent estimate. For the years 2018-2020, the forecasts remained unchanged and stand at 3.1 percent (2018), 3 percent (2019), and 2.9 percent (2020).

Locked content S&P: Polish banking sector with negative industry risk outlook

Poland’s banking sector is facing negative industry risk outlook, due to increasing state ownership in the sector, rating agency S&P said. According to S&P such situation can affect competitiveness. “Although we believe that the probability of a radical conversion of Swiss franc loans ...