Warsaw (Puls Biznesu) – A year after EU accession, positive effects of the enlargement are starting to be over. Those effects include high economic growth of new EU members, the July report of World Bank for eight Central European and Baltic countries said. “Looks like after a period of quick growth rate of investments, exports, production and prices, everything is getting normal again”, Thomas Blatt Laursen, the author of the report and World Bank chief economist to Europe and Central Asia commented.
But Polish GDP will not slow down to 2.1 percent noted in the first quarter of this year. According to the bank, the annual rate will amount to 3.6 percent. “The reality may be even better. I expect dynamics of 3.7-3.8 percent. Next year will depend on what the new government do. If they cut taxes or red-tape, the economy could rebound to over 5 percent”, Marek Zuber, IDM chief economist said.Poland/Economy/Reports