Poland: Economy has lost momentum

GDP growth has lost steam. Insolvencies will pick up moderately. Monetary policy supports growth amid low inflation.

Banking sector has been resilient but vulnerabilities remain. Fiscal consolidation is off track but current account deficit has narrowed. External debt burden is high while oreign exchange reserves do not cover all

short-term debt (on a remaining maturity basis).

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poland-country-report-sep13.pdf

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