You are here
Home > Economics > Many Polish firms still slow to pay up, despite strong economy

Many Polish firms still slow to pay up, despite strong economy

Almost half of Polish businesses say the country’s buoyant economy has not translated into firms paying up faster for goods and services, according to a report.

Delays in payments are a long-standing source of complaint by Polish businesses.

“Although estimated GDP growth in the final quarter of 2017 exceeded 5% year on year, and economic growth in the whole of last year reached 4.6% and was the highest in six years, according to 47.2% of … micro-, small and medium-sized enterprises this did not have a positive impact on payments between companies,” said BIG InfoMonitor, a firm that collects data about debt.

Government officials have recently floated proposals on how to cut delays in payments.

“Over 90% of entrepreneurs surveyed tell us that this problem really affects them,” Poland’s Entrepreneurship and Technology Minister Jadwiga Emilewicz told reporters on Friday.


Warning: Invalid argument supplied for foreach() in /var/www/warsawpoint/data/www/warsawpoint.com/wp-content/themes/accesspress-mag/content-single.php on line 69

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Top