European Commission's latest economic forecast figures

The European Commission lowered expected GDP growth for Poland by 0.2 percentage points down to 3 percent for the year. Further, GDP growth for 2015 is expected to be 2.8 percent and 3.3 percent in 2016. Public finances should improve, but the situation in exports and in Ukraine have had a negative effect on the Polish economy. The deficit should remain at very safe levels. Demand for imported products is growing at a faster pace than exports and will thus result in a negative trade balance. Further declines in unemployment will create an employer-friendly job market, which should have a positive effect on disposable incomes, reported ISBnews.