Slovakia's GDP growth highlights Polish shortcomings

According to experts, such a dramatic increase is unlikely in Poland for several reasons. First of all, the Polish economy is much bigger than Slovakia's and even if the number of foreign investments increased by a similar amount, it would not have the same level of influence on Poland's economy. Taxes are also much higher in Poland and therefore companies have less money to spend on investments. The government, however, is not willing to introduce reforms. According to Piotr Bielski, an analyst from BZ WBK, a reduction in taxes would be a necessary move in order to improve the situation in Poland. Also necessary would be the development of infrastructure and ordering of public finances. Despite the fact that the government is not eager to help economy, the situation is quite good. Economic growth in Q2 was 5.5% and forecasts for Q3 are similar. (Puls Biznesu, p. 9) M.M.