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Poland will weather virus crisis better than any other EU state: PM

12.06.2020 07:00
Poland will experience the smallest fall in GDP in the EU, while “all of Europe will have lower economic growth,” Prime Minister Mateusz Morawiecki has said, referring to the fallout of the coronavirus pandemic.
Image by Gerd Altmann from Pixabay
Image by Gerd Altmann from Pixabay Pixabay License

Citing forecasts by the European Commission and the European Bank for Reconstruction and Development, Morawiecki said the shape of Poland’s economy was a cause for envy abroad.

He added that hundreds of thousands had become unemployed in Spain and France. "In Poland, unemployment is rising very slightly," he said.

Poland’s labour ministry last week estimated that unemployment in the country rose to 6 percent in May amid the coronavirus crisis, from 5.8 percent in April and 5.4 percent in March.

Morawiecki also pointed to the help that Polish businesses were receiving from the government amid the COVID-19 outbreak.

"Eighty percent of companies receive (such support) within 24 to 36 hours. That is a lightning quick," he added.

Poland’s president at the end of March signed into effect a multibillion relief and stimulus package aiming to shore up the economy and shield it from the impact of the coronavirus.

(pk)

Source: PAP