TITLE

Euro Slump To Slow Growth

PUB. DATE
January 2012
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Jan2012, Vol. 19 Issue 1, p4
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents an economic outlook of Poland for 2012. It forecasts that the country's policy rate will decrease to 3.50% in 2012 with a total of 100 basis points (bps) of rate cuts from 4.50% interest rate maintained by National Bank of Poland (NBP) in 2011. It also predicts a slow economic growth and inflation abatement at 3.9% and projects that an escalation of the European debt crisis will likely lead to recessions in the European economies and rate cuts on behalf of NBP in 2012.
ACCESSION #
69632628

 

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