Poland was ranked 27th out of 63, compared with 42nd last year, in the latest edition of the World’s Most Miserable Economies compiled by Bloomberg. Unfortunately, in this case an advance is not good news.
Poland was downgraded due to Bloomberg’s concerns about the new government’s spending policy and possible growth of public debt.
“There were success stories last year, with Poland ranking no. 42 on the scale, versus a no. 19 spot initially projected at the start of 2015, in part due to lower-than-expected joblessness. But 2016 might see Poland climb the misery index amid an increasingly uncertain fiscal and economic …read more
Source: Warsaw Business Journal
