Polish economic growth fell by 3.4 percent in 2020, according to International Monetary Fund (IMF) estimates, one of the “least severe” contractions in the EU.
The Polish economy shrank by 3.1 percent year on year in the final quarter of 2020, the Finance Ministry said on Friday.
The situation of Polish micro- and small enterprises deteriorated in 2020 compared to 2019, a state-run economic institute has reported.
Mateusz Morawiecki, the prime minister, has said a “rapid return to economic growth” is a top priority of the government.
The prime minister has claimed that Poland will return to growth owing to “solidarity” and state support for the economy.
Opposition MPs have warned the government that if it does not reopen the economy this week they will file a class action lawsuit against the State Treasury.
Poland's major business lobby has said the reopening of shopping centres was a good idea but insufficient, offering the government advice on how to unfreeze specific economic sectors.
The prime minister has said the government is examining the possibility of loosening lockdown restrictions as the number of people in hospital and on ventilators continues to decline.
In the first episode of The Debrief for this year, we take a look at what's in store for the Polish economy in 2021.
The government's "Clean Air" programme may not only clear smog from the air of Polish municipalities, but also become a driving force for the Polish economy in the post-pandemic years, the newspaper Rzeczpospolita reported on Wednesday.