‘Welcome to the crisis’

Published on 21 January 2013 at 09:26

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“With industrial production shrinking by 10.6 per cent in December and unemployment likely to reach 15 per cent, the beginning of the year brought news of a looming employment crisis,” leads the daily, highlighting that 2013 may be “more difficult for the Polish economy compared to other crisis years.”
One of the reasons is a ”dramatic” economic slowdown in Germany which is Poland’s main economic partner. Latest estimates put Germany’s GDP growth in 2013 at 0.4 per cent and not 1 per cent as previously predicted.

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