Finance Ministry upholds growth forecast

The Polish Ministry of Finance maintains its forecast for 2014 GDP growth at 3.3 percent despite worse macro data, Finance Minister Mateusz Szczurek was quoted as saying by the Polish Press Agency. “The huge quarter-on-quarter economic growth recorded in Q1 will be hard to repeat in Q2. We can see that in the data,” Szczurek said. He referred to 1.1 percent growth. “At the same time employment is growing, unemployment is falling and salaries are increasing. This aspect of economic growth, most relevant for Poles, seems secure,” the minister also said.