Aktualności / Great Polish economy forecasts!

In its updated GDP growth forecasts for 2011 and 2012 – 3.9 and 4.2 percent, respectively – the EC emphasized Poland’s stable banking system, relatively lower share of international trade in thecountry’s GDP structure, positive changes in the labor market and the country’s overall economic policies as factors contributing to Poland’s ability to withstand the worst of the global economic downturn.

Three areas in particular will have a major effect on Poland’s 2011-2012 economic growth prospects –increasing consumer expenditures fueled by higher job security and workforce participation, continued investment (assuming on-time completion and profitable ROI) from EU structural funds, and the improvement of existing (Germany) and developing (China, India) trade relationships, which should have a positive effect on Polish exports.