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Rating of Poland – agency of Moody & # 39; s



The rating of Polish credit remains unchanged – said Moody's. It is still at the level "A2" with stable prospects.

A stable outlook means that the risks to Poland's credit rating are offset.

with national and EU financial regulations "

According to Moody's, a fiscal impulse does not violate national or EU tax rules.

See also: Moody's has no Doubt who will benefit from the bill PiS

Confirmation of the evaluation results from the consideration of three factors:

1

. The main strength of credit for Poland is the resilience of the economy the solid and stable economic growth of the last

2. The debt profile of the public financial sector is stable and the likelihood of a slowdown due to the government's expansive taxation policy is low

3. Poland's institutional strength has recently been eroded resulting in the weakening of the rule of law and the recent n reflect developments in the Polish justice system.

Poland's general government in 2019 rose from 1.7 percent to 1.8 percent of GDP and estimates it by 2020 at a deficit of 2.6 percent of GDP.

The analysts of the agency also highlighted the forecast GDP growth in Poland in 2019 increased from 4.2% to 4.4% and will reach 3.7% by 2020

valued. Moody's completed the spring review round of the Polish credit check by the major authorities. More reviews are scheduled for fall – Fitch Sept. 27, S & P and Moody's Oct. 11. WORTH KNOWING:


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