Moody’s warns Poland as EU concerns grow

13 August 2012

Moody’s outlook for Poland remains cloudy, the agency announced this months, as the concerns over debt crisis expansion increase for Europe. The agency said it could cut Poland’s 2013 growth forecast from 3.1 percent, predicted so far, to 2.3 percent, and as a result, the country could not get a credit-rating upgrade.
“Looking at Poland credit as a whole, there’s only so far you can go on the rating side. The limitations are the external vulnerabilities,” Reusche said yesterday in a phone interview from New York. The revision to Moody’s 2013 growth forecast won’t be “drastic.”

Example banner for displaying an ad. It can be higher.