In a recent podcast episode of "Your Business," experts have warned that the ongoing war could significantly impact the Polish economy. Earlier this year, forecasters had predicted that Poland's GDP would grow by about 4% in 2026. However, the conflict has led to revisions in those estimates, with economists now suggesting that rising oil and gas prices could reduce growth by as much as 0.8 percentage points. In a more pessimistic scenario, sustained high energy prices could push inflation beyond 4%, resulting in a growth slowdown to approximately 2.5%.

Additionally, President Karol Nawrocki announced his intention to veto the SAFE legislation, citing concerns that the project might undermine the country's sovereignty and raises constitutional questions. This decision has attracted immediate criticism from Prime Minister Donald Tusk, who responded by promising that the government would present a Plan B to ensure effective governance despite the presidential veto.

Overall, these developments indicate that the combination of external geopolitical factors and internal legislative challenges are creating a complex environment for Poland's economic outlook. The potential for higher inflation and reduced economic growth could have far-reaching implications for the country as it navigates these challenging times.