S & P maintained its rating Polish BBB + with a negative outlook – Polish Radio

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.

 

Agency justifies maintaining the rating

 

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.

 

Agency lists the pluses

 

S & amp; P among the pluses of our economy mentions relatively modest external financing needs and a large potential for growth.

 

In a press 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.

 

“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 growth” – warns Standard & amp; Poor’s.

 

Cymcyk: maintaining the rating is good news for the economy

 

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

 

But Paul Cymcyk adds that the risk is also not fallen, which means that at this time there will be neither easier nor more difficult for capital. “You could say this pobrexitowym confusion is so much good news that with us nothing is worse” – says analyst staggering 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.

 

Economists had expected that the rating will not be changed

 

Main Postbank economist Monika Kurtek expected that today the creditworthiness of the Polish economy will not be changed. Stressed first of all that there is no basis to further reduce the rating.

 

Monika Kurtek explains that 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.

 

PAP, IAR, jk