Bloomberg News

Polish First-Quarter Payments Gap Reaches 3.36 Billion Euros

June 29, 2011

June 29 (Bloomberg) -- Poland’s current-account deficit reached 3.36 billion euros in the first quarter, the Warsaw- based Narodowy Bank Polski said today.

The gap was narrower than the 4.15 billion-euro median forecast in a Bloomberg survey of 17 economists. It compares with a revised shortfall of 5.67 billion euros in the fourth quarter after the central bank changed its accounting rules to reduce the volume of unclassified transactions.

To contact the reporter on this story: Dorota Bartyzel in Warsaw at dbartyzel@bloomberg.net

To contact the editor responsible for this story: David McQuaid at dmcquaid1@bloomberg.net


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