European Parliament Library

Republic of Poland :, Review Under the Flexible Credit Line Arrangement: Staff Report and Statement by the Executive Director

Abstract
This paper reviews Poland’s economic performance under the Flexible Credit Line Arrangement. Economic growth in Poland is expected to slow in 2012, given the deteriorating outlook for the euro area. Risks are on the downside, mainly reflecting the possibility of spillovers from escalating financial and sovereign stress in the rest of Europe. The authorities have continued to take steps to mitigate the effects of external shocks. Substantial fiscal consolidation is under way; sound monetary policy is helping inflation decline toward the target; and measures have been taken to safeguard financial stability
Table Of Contents
""Cover""; ""Contents""; ""I. Context""; ""II. Recent Economic and Policy Developments""; ""III. Outlook and Risks""; ""IV. FCL Qualification Criteria""; ""V. Safeguard Assessment""; ""VI. Staff Appraisal""; ""Figures""; ""1. Recent Economic Developments, 2008�11""; ""2. Financial Market Developments, 2007�11""; ""3. Banking Sector Developments, 2007�11""; ""4. Qualification Criteria""; ""5. Reserve Coverage in International Perspective, 2010""; ""6. External Debt Sustainability: Bound Tests, 2005�16""; ""7. Public Debt Sustainability: Bound Tests, 2005�16""; ""Tables""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (27 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781463956745

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