Standard & Poor's reviews Polish sovereign risk rating
Last year, S&P rated Poland a speculative-grade BB with a positive outlook. At the time, the pending presidential election was a constraining factor in the rating, said Konrad Reuss, an S&P director in London.
Although the review is done on an annual basis, the election is now past, and economic improvements have continued unchecked.
Fiscal "policy implementation appears to be much easier than before," Reuss said.
S&P could opt to leave Poland's rating unchanged, or the agency could upgrade it. A downgrade is unlikely.
If the rating were to improve, it would be a reassuring sign to foreign investors and would also reduce Poland's borrowing costs on international debt markets. An upgrade could also help the National Bank of Poland (NBP), which is looking to issue Eurobonds this summer.
Many in the international business community expect a ratings upgrade. Leslaw Paga, chairman of Deloitte & Touche Group Poland, said the country's rating should improve, because it received a lower-than-deserved rating last year.
Although the review is done on an annual basis, the election is now past, and economic improvements have continued unchecked.
Fiscal "policy implementation appears to be much easier than before," Reuss said.
S&P could opt to leave Poland's rating unchanged, or the agency could upgrade it. A downgrade is unlikely.
If the rating were to improve, it would be a reassuring sign to foreign investors and would also reduce Poland's borrowing costs on international debt markets. An upgrade could also help the National Bank of Poland (NBP), which is looking to issue Eurobonds this summer.
Many in the international business community expect a ratings upgrade. Leslaw Paga, chairman of Deloitte & Touche Group Poland, said the country's rating should improve, because it received a lower-than-deserved rating last year.
