The Economy

Polish Economy To Grow 6.5% In 2007

Aug. 10, 2007

Growth influenced by foreign investment.

Surpassing an earlier full-year GDP growth of 6%, the Polish economy is set to grow by 6.5%, a new government forecast said Aug. 10.

GDP growth is being spurred by investments by Polish companies as well as injections of capital from foreign investors and from EU coffers.

However, the ministry said, growth in the second quarter of 2007 is expected to have dipped to 6% year-on-year, compared with 7.4% in the January-March period. Last year, Poland's GDP grew by 5.8% compared with 2005.

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