Year Zero

Crisis, pandemic, war – undoubtedly, one can point to numerous explanations for the current state of the economy. However, the objective is not to engage in endless debates about the reasons why, at the turn of 2023 and 2024, the Polish economy is facing the challenge of nearly zero growth, persistent inflation exceeding the target 2-3 times, high financing costs, and rapidly growing debt servicing expenses. Why is it not worth it? Because it’s a futile exercise. Even a thorough diagnosis does not raise major doubts.