Financial Times FT.com

A buoyant future hangs in the balance

By Jan Cienski in Warsaw

Published: November 12 2010 22:11 | Last updated: November 12 2010 22:11

Poland dodged the recession bullet last year through a combination of skill and luck, and the hope is that both of those qualities still remain in force as the country grapples with serious fiscal imbalances that will put the largely unrealised reformist promises of the government to the test.

Last year’s good economic news – the country eked out a 1.7 increase in gross domestic product – will be followed by even better news this year, with growth of 3.5 per cent as the economy gains speed thanks to continuing buoyancy in domestic demand and to Germany’s economic revival, which is pulling in large amounts of Polish exports.

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