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Published on 11/18/2008 in the Prospect News Emerging Markets Daily.

Moody's: Poland economics strong

Poland's A2 government bond ratings are supported by the country's high economic and institutional strength, Moody's Investors Service said it said in a new report.

The outlook is stable.

Even though GDP per capita is lower than other Central European countries, Poland's economy is larger than most other countries in the region, a scale that coincides with an important degree of stability and diversification, Moody's said.

While growth has been hampered by slow structural reform, Moody's said it believes continued integration with the rest of the European Union is likely to bring a moderate pace of real income convergence with the Eurozone and enhance long-term growth potential for Poland.


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