Adam Glapiński received the backing of the ruling party but the opposition has questioned whether he is legally entitled to another term.
Poland has overtaken Portugal on Eurostat’s measure of GDP per capita taking account of purchasing power standards.
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But it will also have the EU’s joint third highest GDP growth, according to new forecasts from the European Commission.
Unemployment in Poland was 2.9% in December 2021.
Poland performed better than the US, Canada, France, Germany and the UK in The Economist’s ranking.
Mateusz Morawiecki also hailed the fact that already many Polish emigrants have chosen to return to their homeland.
Poland recorded a GDP growth of 10.7% year-on-year in the second quarter.
The prime minister says Poland will reach a “European standard of living” with the reforms.
The profitability of Polish banks was among the lowest in the EU.
The prime minister and ruling party chairman say that a new government economic programme will help Poland catch up.
The plan includes more subsidies for parents and support for aspiring homeowners, but also a greater tax burden on higher earners.
Paweł Bukowski and Wojtek Paczos
The type of lockdown matters, but Poland has also had some luck.
Analysts warn that figures will rise further yet when state aid dries up.
Costs are pushed up by domestic holiday-goers and “coronavirus” fees on services.