S&P analyst says Poland's rating upgrade to hinge on deficit

WARSAW: If Poland's fiscal deficit stays at about 2 percent of GDP in the next two years, it would be compatible with a higher rating than the current BBB+ provided other factors stay unchanged, S&P Global Ratings' lead analyst on Poland said on Wednesday.

"If you look at our projections -- our deficit of 2 percent this year and some widening in 2019 -- we still think that those are compatible with the public debt to GDP ratio being stable," Frank Gill told Reuters.

"We think that, if our projections are more or less realized, this is compatible with a higher rating," he said.