Poland overtakes Greece in terms of life

Living conditions of the population of Poland ahead of Greek life standards, Rzeczpospolita  writes, citing the International Monetary Fund (IMF) data. It is the first time in modern history Poland ahead of the living standard of the Western Europe countries. IMF was focusing on the per capita income. According to it, average income earned per Pole in 2015 stood at $26,455, whereas Greeks per capita income was six dollars less - $26,449. In 2017, this difference likely to reach $1,500, the newspaper says. Also IMF forecast shows that Poles will overtake Portuguese in terms of life in 2018 (Poland per capita income will amount to $30,692, versus Portugal - $30,134). This week IMF published a statement, arguing that Poland's GDP growth will remain strong in 2016 and accelerate to close to 4 percent in 2017, on the back of strong private consumption, opening a positive output gap.