Monday, December 22, 2008

Survey: 80% of Polish firms expect worse economic situation in Poland

Special Report:Global Financial Crisis





WARSAW, Dec. 22 (Chinese media) -- Eighty percent of Polish firms expect that the economic situation in Poland will worsen and negatively affect their businesses, according to results of a survey conducted by the Polish Chamber of Commerce (KIG).

Over the last three months 60 percent of firms reported a fall in demand for goods and services, Polish news agency PAP quoted KIG on Monday.

KIG's deputy head Mieczyslaw Bak said this affected chiefly firms producing parts for car manufacturers as well as transport, construction, training and advertising companies.

Twenty percent of firms are planning layoffs and 30 percent are reducing investments, he said.

In the recent months 75 percent of Polish businessmen were not granted a credit and 56 percent were affected by the fluctuations of the zloty exchange rate.

Polish businessmen want the government to introduce a flat tax and quickly adopt the euro, Bak added.

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