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Media in Germany: Polish economy strong and crisis-proof
According to the European Commission's forecasts, Poland's GDP will shrink by only 4.3 percent in 2020, with data for the entire Union at 7.4 percent. The phenomenon of the Polish economy is described by the German portal Focus Online, emphasizing that Poland can gently go through the ...
Americans are buying Polish shares. Investment banks have increased their share in turnover
In May 2020, the American investment bank Merrill Lynch became the leader in trading on the stock market in session transactions of the Warsaw Stock Exchange. PKO BP Brokerage House remained in second place, the WSE reported.
GDP, prices of goods and services. The Central Statistical Office (GUS) has published the latest data on the Polish economy
In Q1 2020, Gross Domestic Product grew by 2.0% y/y, compared with a 3.2% y/y increase in Q4 2019, while year-on-year inflation was 2.9%. - The Central Statistical Office (GUS) informed.
Moody's downgrades Poland's GDP growth to -3.8 pct in 2020
Ratings agency Moody's has downgraded Poland's economic growth forecast to minus 3.8 percent from an earlier forecasted negative of -2.0 percent growth in 2020.
Fitch: Poland's GDP will fall by 3.2% in 2020 and increase by 4.5% in 2021
Fitch has lowered its forecast of Poland's GDP growth in 2020 to -3.2% y/y from -1.7% estimated at the end of April, the agency's report shows. For 2021, the agency raised the estimate of Poland's GDP growth rate to 4.5% y/y from 4.3%.
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