The latest economic forecasts by “The Economist”: Poland the leader of the EU
Posted May 14th, 2009 in Business news by Ela Pawełek-LuberaThe latest economic forecasts by “The Economist” concerning GDP growth for the years 2009-2010 were adjusted yet Poland still positively stand out against the backdrop of other European countries.
“The Economist” forecasts this year the euro zone may experience its GDP fall to -3.4% and the next year may see GDP increase slightly over +0.2%.
Generally, 2010 is expected to see Europe overcome the crisis, for Poland the year should translate into a comeback on the path of dynamic development. While in 2009 Poland is expected to record a negative GDP dynamics at around -0.4%, in 2010 the country should generate a +1.8% GDP growth. Only Russia is estimated to reach better results in 2010 with a 2.0% GDP increase. Nevertheless this year Russian economy will shrink to -3.0%.
The latest Economist report confirms the fact that Poland has not been among those hard hit by the crisis. The April report indicated Poland as the only European country with positive GDO. Despite the May adjustment, Poland still enjoys positive economic indicators and optimistic prognoses for the future. (The Economist)
