WARSAW, 2 December (Reuters) – Standard & Poor’s announced Friday it has raised from negative to stable the outlook attached to the sovereign rating of Poland, the rating agency saying not to be concerned to see the government attempt to undermine the independence of the central bank.
In January, S&P has lowered to ‘ BBB+” sovereign rating of Poland, and assigned it a negative outlook, citing in particular the possibility of”a further erosion of the independence, credibility and effectiveness of key institutions, including the national Bank of Poland”.
The credit rating agency, has surprised economists, who had expected a note and a perspective unchanged.
S&P also said to have revised down its growth forecast for 2016, assuming now an increase in the gross domestic product (GDP) of 3.0% against a previous projection of 3.5%. (Marcin Goettig, Benoit Van Overstraeten for the French service)
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