Falls in unemployment and inflation will follow strong growth, says EU
Published:
28 October 2004 y., Thursday
In the coming two years Poland's economy will be among the fastest developing in the European Union, according to projections presented yesterday by the European Commission.
This year national revenue is forecast to increase by 5.8%, next year by 4.9% and in 2006 by 4.5%. In the spring analysts were less optimistic: 4.6% growth in 2004 and 4.8% in 2005 and 2006. According to the report's authors the stronger economic development will help balance the budget deficit, which should decrease to 3.1% in 2006. Inflation and unemployment are expected to decrease considerably in 2005. The projections for old EU members are much less favorable. Up to five countries in the Euro zone will not be able to reduce their budget deficit below the limits set by the Maastricht treaty.
Šaltinis:
wbj.pl
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Between 2000 and 2008 EU27 trade in goods with China more than tripled in value, with EU27 exports to China rising to 78 billion euro in 2008 compared with 26 bn in 2000, and imports rising to 248 bn from 75 bn.
more »
The first estimate for the euro area (EA16) trade balance with the rest of the world in March 2009 gave a 0.4 bn euro surplus, compared with -2.3 bn in March 2008.
more »
On May 18 this year, AB Bank SNORAS begins to distribute two emissions of one-year fixed interest bonds.
more »
Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed time deposit rates for individual customers.
more »
The 25-year Sri Lankan civil war looks to be in its final throes.
more »
The sheer scale and nature of taxpayers' cash claimed as allowances by Britain's lawmakers has stunned the nation.
more »
The European Commission has decided to send a formal request to Lithuania regarding the award of a works contract by Lithuania Railways for the modernisation of the railway radio communication system through the introduction of a GSM-R system.
more »
The speed and depth of the financial crisis has been brutal and over the last year MEPs have been hard at work on a two-fold approach to the crisis.
more »
The Group commits to reducing its CO2 emissions by 30% by 2020 supporting the “20-20-20” goal set by the EU.
more »
This weekend, in the second round of Le Mans Series championship on SPA track, in Belgium, SNORAS Spyker Squadron team that participated there took the fifth high position.
more »