Poland improves GDP

Poland recorded a 7.4 percent growth in gross domestic product (GDP) in Q1 2007, compared to a 5.5 percent increase in the same period last year, according to Poland's Central Statistical Office (GUS).

Poland scored a total 5.8 percent GDP growth in 2006, with the National Bank of Poland (NBP) predicting a 5.7 percent increase this year and growth of around 5 percent in 2008 and 2009. Unemployment, currently near 15 percent and among the highest in the EU, is expected to drop to 10 percent by 2009, according to the NBP.

Source: cbw.cz