On 12 October 2018, Poland’s credit rating was raised to A- from BBB+ by Standard&Poor’s credit rating agency. This is a huge success for Poland which is caused by the Poland’s strong track record of balanced economic growth.
Standard &Poor’s, which provides financial information and economic analysis, cited “a stable outlook” as the main trigger driver behind revising Poland’s strong economic performance.
S&P also cited “fiscal prudence”, as well as the diversity and competitiveness of Poland’s economy for the raise in rating.
The raise in rating is not the only good news for Poland in recent days. On 24 September 2018 Poland became the first country from Central and Eastern Europe to be ranked a "developed market" on the FTSE Russell index.
Poland now joins the likes of the UK, US and Japan in the index’s list of the 25 most advanced global economies. It marks the first time in a decade that a country has made the leap from emerging market to developed market in the index's rankings. The FTSE Russell bases its classification on factors such as a country’s regulatory environment, the quality of its capital markets and the status of its derivatives market.
Back to list
Read also
March 12, 2024
The 18th edition of the C5 Fraud, Asset Tracing & Recovery conference is taking place in Geneva on 14th and 15th March 2024. It is a must-attend...
Read more
March 08, 2024
Evidence plays a critical role in proceedings and particularly in civil fraud litigation. It is often unlikely that a claimant will, from the...
Read more
February 06, 2024
Not only is Poland a great place to live — it is also an amazing place to own a business. A company in Poland is a good solution for foreign...
Read more