Although economists were expecting the GDP to grow between 2,9 and 3%, the actual growth was 2,5%. Such results were disappointing and the annual growth objective of 3,5% is becoming much more difficult to reach.

The reasons of the economic slowdown are thought to stem from the lower level of investments, reduced EU aid and uncertain political situation. Adding to these, the zloty is also weakening against the euro and other major currencies – the current PLN/EUR rate of 4,43 being the lowest level in six months.

Read more on the Polish website