World Bank confident Poland's export troubles temporary, not structural

"Stagnation of exports is a temporary, not a structural problem of the Polish economy," said Beata Smarzynska and Bart Kaminski the authors of a preliminary report by the World Bank. The report says infrastructure should be improved meaning the customs clearance process of goods should be shortened and value-added tax (VAT) refunds must not be late. The biggest impact on Polish trade was the Russian crisis. If it did not happened then instead of a decrease, Poland would have a 12% increase in exports. As the situation on the Russian market stabilizes exports to this country should expand once again, but this time because of industrial products not only food. At present almost one-third of the export is stable, which means resistant to changes in the currency values or changes in business activity. (Prawo i Gospodarka, page 1, 2) M.M.