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Poland drops in rankings due to increased investment risk and current account

Poland dropped two places in the Economist Intelligence Unit (EIU) ranking due to the increased risk of investing money, while Hungary jumped up seven spots and Czech Republic four. The investment risk increased because of the increasing deficit and current account gap. In the ranking of Euromoney, Poland has moved up by one place to 42nd position, but access of Polish companies to external short- and long-term financing is considered to be very low. "I am optimistic about the development of the Polish economy," said the president of the European Bank for Reconstruction and Development (EBRD) Jean Lemierre. "Poland does not face any problems that the Central Bank or Finance Ministry could not cope with," said the executive director of the IMF. In the ranking of Global Finance, the National Bank of Poland (NBP) received a B rating while earlier it had an A. "I would know what to do in the situation of Poland," said Lemierre. According to analysts, if Poland does not enter the European Union (EU) along with Czech Republic and Hungary, but later, then investors will become more pessimistic. (Rzeczpospolita, page B1)

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