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Quotes from BNP Paribas:
- With Donald Tusk taking over as President of the European Council, Poland has moved up to the next level. To consolidate its prominent role within Europe, the country now needs to find ways of showing economic leadership by reorienting its growth model based on a low-cost approach.
- While the slowdown is increasingly evident almost right across the EU, Poland has held up remarkably well. Between 2004 and 2013, the country posted growth averaging 4.1% despite having the lowest volatility in growth and inflation of all the central and eastern European countries.
- With elections due in 2015, fiscal consolidation is set to go on hold. But the anticipated easing is not likely to compromise the credibility of its economic policy.
