Polen 

Polen landenbeleid

Polen landenbeleid

Beleid vastgesteld op 07 december 2011

  • Geen beperkingen
  • Er is een landenplafond van 2000 mln euro van kracht
  • Het signaleringsplafond is 1500 mln euro
  • - waarvan per 2011-11-30 0 mln euro benut is

Landenklasse: 0

Zloty transferabel

Polen landenrapport

Atradius Dutch State Business Economic Research
Country Report last updated 30 September 2011
Country POLAND 

Political Situation
Stable 

Head of state
President Bronislaw Komorowski. 

Form of government
Coalition of the Civic Platform (PO) and the Peasants Party (PSL), headed by p.m. Donald Tusk.
 
Internal Economic Situation
Steady Recovery

General situation
Poland was in 2009 the only EU-economy that escaped a recession, owing to a moderate domestic demand fall and   an expansionary government policy, whilst net exports surged; the banking sector turned out relatively healthy. Real GDP increased by 1.8% in 2009, 3.8% (estimated) in 2010 and around 4% (projected) in 2011. Inflation is around 4% but will decline with more favourable international commodity prices, lower domestic demand and the effect of fiscal tightening. Stable banking sector, largely in hands of  foreign owned institutions; however, risen level of NPLs in foreign currencies, as 63% of mortgages in foreign currencies (of which 87% in Swiss Franc). Less high corruption: 41th of 178 on the CPI Index 2010 (was 49). 
 
External Economic Situation
Reasonable 

Main sources of foreign exchange
Machinery and transports (42%), metal products (13%), chemicals (14%), agriculture (8%); EU-/workers’ transfers.

Main foreign markets
EU (79%, of which Germany 26%), Russia (9%).

Main expenses of foreign exchange
Capital goods (38%), intermediate products (22%).

 
Balance of payments 
In 2009 imports dropped much faster than Polish exports, contributing to a strongly improved trade position and less high current account deficits. These deficits are financed by FDI-inflows and (private sector) borrowing abroad. Since early 2011 nominal trade weighted exchange rate steady, but nominal rate volatile and weaker against $ and euro.     

Contact Atradius

Robert Harsányi
Senior Underwriter Eastern Europe
Tel: +31 (0) 20 553 2320
Email: robert.harsányi@atradius.com

Contact Atradius

Stephan Naber
Underwriter Eastern Europe/MKB-specialist
Tel: +31 (0) 20 553 2204
Email: stephan.naber@atradius.com