Wednesday 11 September 2013

Poland: Tusk’s message of optimism falls on deaf ears | beyondbrics

Poland: Tusk’s message of optimism falls on deaf ears | beyondbrics:

"
Polish premier Donald Tusk recently announced that Poland’s economic slump was over and predicted a return to faster growth, but that message doesn’t seem to have got through to the thousands of angry labour union activists who descended on Warsaw on Wednesday for several days of anti-government protests.

The protests are a sign that Poland has still not shaken off the political and economic effects of its unexpectedly sharp economic slowdown earlier this year.

Another indicator of fragility was Poland’s July current account deficit, which came in at a worse than expected €178m, compared to the €11m deficit predicted by analysts polled by Reuters."

'via Blog this'

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