Friday, July 1, 2016

Rating Polish unchanged. “The risk in the medium and long term has not increased,” – BBC

Such an assessment of the creditworthiness of Polish experts had expected. This is the same agency that in January lowered the rating of our country and then changed its outlook to negative.

In a press agency stresses that the rating reflects the relatively low level of income, weak system of checks and balances between key institutions and the challenges facing the public finances in the long term due to the pension system.

S & amp; P among the pluses of our economy mentions relatively modest external financing needs and a large growth potential. The communication agency drew attention to the crisis surrounding the Constitutional Court and the government’s tough stance on the issue, despite the unfavorable opinion among Venice Commission.

In this pobrexitowym confusion is so much good news that with us nothing worse

This conflict – as well as more general concerns about the future path of macroeconomic – can weaken the interest of investors, especially foreign, and may in the medium term slow economic growth – warns Standard & amp; Poor’s.

This is good news for Polish

Analyst consulting company DNA Markets Paul Cymcyk believes that maintaining the rating is good news. He explained that maintaining the rating for the Polish economy means that the risk in the medium and long term has not increased.

But he adds that the risk is also not fallen, which means that at this time there will be neither easier nor more difficult for capital. – In this pobrexitowym confusion it is so much good news that with us nothing worse – says analyst, noting that in the current economic situation in the world that something is not worse, it can be taken for good information.

Paul Cymcyk also believes that maintaining the rating will not affect the increased interest of foreign investors in the Polish economy or the currency, because I did not carry on any groundbreaking information.

As explained by economists, sovereign ratings are important information for foreign investors. This rating is for them an indication whether the involvement of investment in the country should increase or decrease. These decisions translate among other things, exchange rate and how much you have to pay investors to lend money to a country.

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