According to government estimates released as recently as this June, Poland’s GDP was expected to grow by just 2.5 percent this year, and another 2.9 percent in 2013. The last two months, however, suggest Poland’s economic growth could be even more sluggish than that. Some lawmakers are warning that growth could slow to as little as 1.5 percent in 2013. “Poland is not threatened with a recession, but the government could lower next year’s estimates to 1.5 percent,” says Dariusz Filat, economic adviser to Prime Minister Donald Tusk, who says Europe’s debt crisis is finally dragging the country down.
Ludwik Kotecki, chief economist of the Ministry of Finance, agrees. “GDP growth estimate cuts can not be ruled out,” he said at the beginning of August.
