EBRD raises GDP growth forecast for Poland
The European Bank for Reconstruction and Development has raised its 2014 GDP growth forecast for Poland from 2.7 to 2.8 percent, the institution said on Wednesday. In 2015 the growth is expected to remain at 2.8 percent.
“Poland’s recovery continues to accelerate, following last year’s expansion by 1.6 percent,” the EBRD wrote.
“Our projections are upgraded to 2.8 per cent this year and next. While the direct exposure through trade to either Russia or Ukraine remains relatively small, downside risks could materialise in terms of more adverse financing conditions for enterprises,” the statement also said.
