Although the scale of humanitarian losses cannot be properly counted, we think available data suggests the economic impact of the flood will be relatively benign, c.0.3% of GDP. We also see a limited impact on both inflation and Poland’s fiscal stance, while the impact on GDP should be higger than the scale of damages would suggest

Poland's third-largest city Wroclaw was bracing for peaking flood waters on Thursday, with early indications its defences were holding firm, after the worst floods in at least two decades ravaged central Europe this week.

Stronie Śląskie, Poland - 15, 2024 On 15, 2024, @fizzlo2137 shared a video showing torrential floodwaters moving through Stronie Śląskie, Poland, following a dam burst. The video captured the aftermath as the area became inundated with water.

By Barbara Erling WROCLAW, Poland (Reuters) -Flood defences in Poland's third-largest city Wroclaw looked to have held firm on Thursday, after the worst floods in at least two decades ravaged central Europe this week.