Economy
21:31 16 May 2022
Post by: WBJ

Poland may enter technical recession in 2-3 quarters

Poland may enter technical recession in 2-3 quarters
Source: Pixabay

Poland may enter a technical recession in 2-3 quarters, according to Paweł Borys, the CEO of the Polish Development Fund (PFR).

"The performance of the economy will be a little better this year, a little worse next year. We may enter a technical recession in 2-3 quarters. Policy has to be balanced – inflation has to be fought, but fiscal policy has to ensure a soft landing. The coming months will be a balancing act between a severe and a milder economic slowdown," Pawel Borys said during a conference of the Chamber of Brokerage Houses. 

(PAP


poland
pfr
paweł borys
recession

lifestyle

LifeStyle
6 days ago

Marcelina Zawadzka: Online Shopping Is a Lifesaver for Young Parents

LifeStyle
1 month ago

Doda Promises Emotions and Surprises at Polsat Hit Festival in Sopot

LifeStyle
2 months ago

New Culinary Concept Opens in Warsaw’s Kamionek District

LifeStyle
2 months ago

Mercedes-Benz Unveils Sleek New CLA with Electric Power and AI Tech

Book of Lists

Book of Lists
4 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
5 years ago

25th jubilee edition of Book of Lists – project start