As Poland weathers its first proper winter in years with the mercury dropping to over -20 degrees Celsius and snowfall covering much of the country, we turn our attention towards the climate in general.
European Commission data show that Poland is among four EU countries that recorded positive cumulative economic growth in the last two years.
Poland's expected 4-percent GDP growth this year appears unthreatened, the prime minister said on Tuesday.
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.
Poland's GDP will grow by at least 4 percent in 2021, Prime Minister Mateusz Morawiecki told wPolsce.pl television on Wednesday.
The International Monetary Fund has said it expects a 2.7 percent-growth in Polish GDP this year.
The World Bank (WB) upholds its October 20202 forecast, according to which Poland's economy will expand by 3.5 percent in 2021, according to WB's latest report.
The head of Poland’s state development fund has said that the country could see GDP growth hit 5 percent next year, as the country bounces back from the economic shock of the pandemic.
The Fitch Agency has downgraded Poland's economic growth forecast in 2021 to 3.3 percent year on year from the 4.5 percent expected in late September and raised it to 5.1 percent in 2022 from 3.3 percent forecast earlier.
The S&P Global Ratings agency assumes that Poland and the EU will reach a compromise over funds in the next EU budget being tied to observance of the rule of law and has also lowered its 2021 GDP growth forecast from 4.5 pct to 3.8 pct, S&P has reported.
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