GDP growth no lower than 3% this year – Hausner

The Polish economy is on a solid growth path and it seems justified to expect GDP growth no lower than 3 percent in 2014, Monetary Policy Council member Jerzy Hausner wrote in the summary of a report prepared for the Polish Agency for Enterprise Development. “In the second half of 2013 the Polish economy entered a phase of relatively high and, what is important, noninflationary growth,” the economist wrote. Hausner expects exports to grow slightly in the second half of 2015, after a period of slowdown. He believes than an undervalued złoty is stimulating export activity.