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1/4/10

Poland is going to be an economic leader again?

Poland and Slovakia are going to be the two fastest growing economies in Europe in 2010 - EU Commission predicts. According to the research Polish GDP is going to rise by 1.8 per cent. Other EU countries are not going to be even near to that figure as average EU economy growth is predicted at the level of 0.7 per cent.

Financial crisis resulted in lower tax income for many countries, which means that they will have to cut on public expenditure this year. Especially Spain, Ireland and Greece are hit by this effect. Other countries with established strong economies are going to show some GDP growth. Germany will see the increase at the level of 1.2 per cent, UK 0.9 per cent and Italy 0.7 per cent. Thanks to this our country is going to reduce the distance between itself and other EU countries by crossing the symbolic boundary of 60 per cent of EU average GDP this year.


For the complete report: News Poland - Poland is going to be an economic leader again?

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