Mon 13 May 2024
Warszawa (PL)
14/6°C
| Sun | Mon | Tue | Wed | Thu |
|---|---|---|---|---|
| 18 | 20 | 20 | 19 | 20 |
Mon 13 May 2024
Praha (CZ)
15/6°C
| Sun | Mon | Tue | Wed | Thu |
|---|---|---|---|---|
| 22 | 23 | 23 | 24 | 21 |
Mon 13 May 2024
Bratislava (SK)
17/10°C
| Sun | Mon | Tue | Wed | Thu |
|---|---|---|---|---|
| 22 | 22 | 22 | 22 | 19 |
Mon 13 May 2024
Budapest (HU)
16/8°C
| Sun | Mon | Tue | Wed | Thu |
|---|---|---|---|---|
| 22 | 21 | 22 | 24 | 23 |
S&P upgrades Poland's 2020 GDP growth forecast
October 1st, 2020
The Polish economy is expected to shrink by 3.4 percent in 2020 against a previous 4.0 percent decline, global ratings agency Standard & Poor's said in its revised forecast. Quick implementation of fiscal and monetary support in the first half of the year proved effective in preventing a larger drop in GDP, said a report dated September 29. "Poland will be one of the main beneficiaries of the EU Recovery Fund, which will support investment and growth creation starting in mid-2021," the agency also said. The Polish economy should rebound by 4.5 percent in 2021, according to the report.
PAP