May 2005
Emerging Europe Monitor: Central Europe & Baltic States;May2005, Vol. 12 Issue 5, p7
Country Report
Country Report
This article offers financial updates from Poland as of May 2005. Recently, reforms to the fiscal provisions of the Stability and Growth Pact (SGP) is aimed at providing Poland with greater scope for meeting the criteria of the European Union for entering monetary union by the end of the decade. For member states that have introduced pension reforms, a new agreement will allow the deduction of associated cost against revenues over the next five years. With the cost of changes to the social structure in excess of 1.5 percent of gross domestic product, Poland is expected to be one of the principal beneficiaries of the revised SGP. An advantage for Poland is that its efforts to meet the fiscal criteria for joining the eurozone will be boosted. However, it is forecasted that the shortfall will not drop below the 3 percent Maastricht reference value until 2008.


Related Articles

  • III. Other structural policy reforms.  // OECD Economic Surveys: Ireland;Jun1999, p111 

    The authorities recognise the importance of well-functioning product and factor markets to the improvement of the economy's potential growth rate and to the full utilisation of labour and capital inputs. Competition is seen as vital in ensuring efficient resource allocation, longer-term...

  • THE MONETARY POLICY INSTRUMENTS IN EUROPEAN UNION. Lupu, Diana Viorica; Rotundu, Irina Liliana // Annals of the University of Craiova, Economic Sciences Series;2011, Vol. 4, p132 

    The monetary policy is a fundamental characteristic of modern economic life, having its own mark upon price stability, exchange rate, economic growth rhythm and EU economy's health. This is the result of the capability of certain factors responsible for the monetary policies, to detect the main...

  • Pound To Stay Stable.  // Middle East Monitor: East Med;Jan2005, Vol. 15 Issue 1, p8 

    The article focuses on the economic risks associated with political environment in Lebanon. While the political environment within Lebanon is one of the most fractious in the region, and fiscal policy has to contend with financing the state's huge foreign debt, monetary policy is relatively...

  • ECONOMY.  // Background Notes on Countries of the World: Republic of Poland;April 2005, p11 

    This article presents information related to the economy of Poland. The Polish economy grew rapidly in the mid-1990s, but growth has slowed considerably in recent years. Growth in the gross domestic product (GDP) accelerated to 3.8% in 2003 and is expected to increase another 5.5% in 2004....

  • RISK SUMMARY.  // Emerging Europe Monitor: Central Europe & Baltic States;May2005, Vol. 12 Issue 5, p10 

    This section offers update on issues relating to political and economic risks in Estonia as of May 2005. The collapse of the Res Publica-led government in March 2005 signals an intense period for trading. Prime Minister-designate Andrus Ansip has attempted to establish a new coalition and...

  • Economic Developments in 2001 - Economic growth slowed down and its structure changed in 2001.  // Spring Report;2002, Vol. 6 Issue 1, p15 

    Reports on the economic developments in European Union (EU) countries as of 2001. Factors that have contributed to the economic slowdown in EU; Economic trends in 2001; Increase of the total trade in goods and services in 2001; Performance of general government revenue and expenditure in 2001.

  • FISCAL POLICY PERFORMANCE ASSESSMENT IN THE CONTEXT OF NATIONAL COMPETITIVENESS, CASES OF EU COUNTRIES. Vasiliauskaite, Asta; Stankevicius, Evaldas // Economics & Management;2012, Vol. 17 Issue 2, p493 

    The article deals with problematic issues of economic competitiveness in the context of the EU. Fiscal policy and competitiveness as the world emerges from the global recession, the full extent of the deterioration of fiscal accounts is becoming visible and is raising questions about the...

  • ROMANIA'S ECONOMY AFTER THE EUROPEAN UNION ACCESSION. Olimpiu, Părean Mihai; Ioana, Vădăsan // Annals of the University of Oradea, Economic Science Series;Jul2013, Vol. 22 Issue 1, p300 

    If, during the communism, Romania had an unusual position at the European level, after 1989 it had a different path, in comparison with other former communist states: the country had the harshest difficulties finding its European path, then it had the most important economic growth rate; in the...

  • Congress Party To Maintain India Reforms.  // Emerging Markets Monitor;5/17/2004, Vol. 10 Issue 6, p7 

    Reports on the plans of the opposition Congress Party to maintain India's economic and fiscal reform programs as of May 17, 2004. Victory of the Congress Party in India's general elections in 2004; Status of the country's economy; Evaluation of the reform program of the Congress Party.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics