REKLAMA

Economists predict slowdown rather than meltdown

2008-09-25 00:00
publikacja
2008-09-25 00:00
He remains confident that the domestic economy is strong enought to weather the storm. Meanwhile, economist Stanisław Gomułka believes that while an economic tidal wave will not hit Poland there will be a slow down.

"My estimate is perhaps by 1 to 1.5 percent of GDP. So, instead of 5.5 percent growth next year we will see 4.0 percent," said Gomułka.

Leszek Balcerowicz believes that the extent of the economic slowdown can be alleviated if the government keeps its promises and reforms the economy. Public opinion remains in stark contrast - according to a poll by ABR Opinia, as many as 69 percent think that bankruptcy of at least one Polish bank is highly possible.

Source: Polish Radio

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