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)