S&P revises Poland's rating to positive

Standard & Poor revised Poland’s credit rating outlook from stable to positive, the press reported. Domestic demand, improvement in governance and rising wages should boost the rating in the future, whereas the Ukrainian crisis and slower growth in the euro zone may be a slowing down factor, the agency estimated. "The outlook revision reflects our expectation that income levels ... will rise consistently on the back of broad-based and balanced economic growth, thereby improving the economy's resilience and capacity to bear debt," S&P said in a statement. "The upgraded credit rating outlook reflects Poland's continually increasing creditworthiness on the financial markets," Poland's finance minister Mateusz Szczurek said.