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Live Updates  >  Live Update Details

2025-10-31 17:43:41

[Poland's Q3 GDP figures not yet released, Finance Minister calls for a finish line] ⑴ Poland's Finance Minister stated on Friday that Q3 GDP growth will be "significantly faster" than the 3.4% growth in the second quarter, using growth to offset the soaring fiscal deficit. ⑵ Fitch and Moody's have already lowered Poland's rating outlook to negative; Warsaw urgently needs a data victory to stabilize market confidence. ⑶ Official statement: The economy's "dynamic expansion" is helping the government "digest debt with growth," but the gap remains large, hence the proposed bank tax increase to fill the gap. ⑷ The Statistics Office will release the final figures on November 13th; the market is holding its breath, waiting to verify whether the "official forecast" has materialized.

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