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Poland, Latvia: Public Investment Declines in Poland and Latvia

Iss. 6. M.: Sberbank CIB, 2016.
Gavrilenkov E., Stroutchenevski A., Konygin S.
Под общей редакцией: Gavrilenkov E.

A decline in EU funding in 2016 has driven a contraction in infrastructure investment in both Poland and Latvia. As a result, GDP growth in both countries slowed in 1Q16. Household consumption, meanwhile, continues to advance, thanks to rising wages and lower unemployment. Economic growth is expected to accelerate again in 2017, however, due to a recovery in EU budget expenditures.

Poland, Latvia: Public Investment Declines in Poland and Latvia