Poland One of the Few Countries in EU with Economic Growth
Poland’s economy grew in the first quarter by 0.4% compared to the last three months of last year, being one of the few in the European Union with positive developments in this period, reports Mediafax.
Gross Domestic Product (GDP) of the first three months of this year increased with 0.4% compared with the previous quarter, in seasonally adjusted terms, announced the National Statistical Office of Poland.
Compared to the first quarter of 2008, the economy has advanced with 0.8%, a lower level than anticipated by analysts, 1%.
“Poland has achieved the best results in Europe”; said Piotr Kalisz, an analyst at Citibank.
However, a number more lower of analysts expects GDP to increase over this year, being more probably a slack of economy. They justify the evolution of GDP in the first quarter by reduce dependence of Poland exports.
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