Key external investments in Poland in 2008 - December 2008

Poland’s GDP in 2008 is expected to grow by 5.4%, but then to plunge in 2009 to 2.8%, according the National Bank of Poland (NBP), although the government has come up with a figure of 3.7% growth in 2009, the European Commission 3.7% and the World Bank 4%.
The problem of forecasting is accentuated by the wider global slowdown and the fact that no one yet knows quite how deep it will be. Clearly, Poland’s external environment has continued to deteriorate, with the crisis on the mortgage and financial markets and high volatility of oil, other strategic raw materials and food prices, still sources of risk. Poland will, however, likely remain the European Union (EU)’s fourth fastest-growing economy after Slovakia, Romania and Bulgaria.

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