Poland overtakes Greece in terms of per capita income

Living conditions of the population of Poland are ahead of Greek life standards, Rzeczpospolita  writes, citing International Monetary Fund (IMF) data. It is the first time in modern history Poland is ahead in terms of living standards compares to Western Europe countries. The IMF focused on per capita income. According to the report, the 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 is likely to reach $1,500, the newspaper says. The IMF forecast also shows that Poles will overtake the Portuguese in terms of living standards in 2018 (Poland per capita income will amount to $30,692, versus Portugal - $30,134). This week the 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.