Major risks for Polish economy come from outside

Polish economy has strong foundations. The biggest potential threats to growth come from outside, said Felix Winnekens, an analyst at S&P Global Ratings. "Over the past few years, the Polish economy has been growing at an exceptionally fast pace. Although there is a growth in the entire region, Poland has reached one of the biggest successes," Winnekens stated. However, Poland depends on exports, which makes it vulnerable to any negative development of the commercial situation. And it is hard to predict how trade policy in the US will develop. In S&P base scenario there is a continuation of relatively high economic growth in the next 2-3 years, which may result in positive rating decisions in the next 24 months.