Economy good, say analysts

20th November 2009

The Polish economy is picking up steam and continues to gain speed according to recent data and estimate from analysts.


EU funding and the Euro 2012 football championships were both cited as factors that will help the Polish economy continue expanding over the next two years. Low interest rates, a strengthening zloty, and a high level of domestic consumption were also cited as positive influences.

Experts from the OECD have raised their estimates for Poland's growth to 1.4 percent for this year and 2.5 percent for 2010. This is a big improvement from June, when the organisation predicted a mild recession for 2009 and a mere 0.6 percent growth for next year.

"Experts did not believe th ...