0
0
0Moody’s Warns Poland of Foreign Investment Risks
- New Europe Investor
- April 10, 2016
Ratings agency Moody’s has warned that the constitutional crisis in Poland could create damage to the country’s reputation to potential foreign investors.
Moody’s said that the continued tensions in the country may ‘impair Poland’s attractiveness,’ according to a report quoted in the Financial Times.
There is evidence to show that Poland saw a net outflow of $3.1 billion in January, which was the second largest over the last 10 years.
The Polish Finance Ministry was angered at Standard and Poor’s downgrading of Poland’s credit rating in January, something Moody’s has also warned of doing themselves.
Poland’s political situation has been in crisis following last year’s presidential and general election win for Law & Justice (PiS), with the capital Warsaw seeing almost weekly protests over changes being implemented by the new government.
Related Articles
-
Polish Inflation Lowers to 2%
Polish Inflation Lowers to 2%
April 02, 2017Poland’s consumer index slowed from 2.2% year on year in February to 2%, the statistics ...
-
Polish Economy to Grow 3% This Year
Polish Economy to Grow 3% This Year
February 15, 2017Poland’s economy is set to grow over 3% this year, Deputy Prime Minister and Finance ...
-
Poland’s Shale Dream Officially Ends
Poland’s Shale Dream Officially Ends
October 23, 2016Polish energy companies, PGNiG and PKN Orlen have finally given up their hopes of extracting ...
-
Record September for Warsaw’s Chopin Airport
Record September for Warsaw’s Chopin Airport
October 20, 2016Warsaw’s primary airport, Chopin, saw record numbers of passenger for September with 1.3 ...
-
Poland’s Auction Site Allegro Up for Sale
Poland’s Auction Site Allegro Up for Sale
August 01, 2016The largest auction website in Central and Eastern Europe Allegro, has been put up for sale ...
