Growth may return to pre-crisis levels – report

It is possible that Poland’s GDP growth will returne to average levels recorded before the financial crisis, economist Jerzy Hausner was quoted as saying in a report published by the Polish Agency for Enterprise Development together with the Malopolska School of Public Administration. Recent data seem to indicate that the crisis and the global recession did not cause structural changes in the Polish economy and affect economic cycles, he wrote. If the coming quarters bring similar results, pre-crisis level growth is highly probable. The Polish economy is balanced, Hausner said, which will help it return to a faster growth path. However, he stressed, it is important to take not of worse economic sentiment indicators in December and a weaker short-term macroeconomic forecast.