EC raises Poland's 2019-2020 GDP growth forecast

The European Commission raised its projections for Poland's GDP this year and next to 4.2 percent and 3.6 percent, respectively, in a forecast released on Tuesday. The EC raised the projection for 2019 from 3.5 percent and the one for 2020 from 3.2 percent in a forecast published in February. Last autumn, the EC expected Poland's economy to expand by 3.7 percent in 2019, and by 3.3 percent in 2020. If the latest forecast of a 4.2 percent growth rate in 2019 comes true, Poland will be the second fastest growing economy in the EU, after Malta, which is expected to expand by 5.5 percent. The EU average is set to reach 1.4 percent in 2019, and 1.7 percent in 2020.