Poland was one of seven member states placed under the EU’s excessive deficit procedure this year.
budget
Polish government approves budget with record defence and health spending – and record deficit
Poland’s relative defence spending – already the highest in NATO – will rise to to 4.7% of GDP in 2025.
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“The safe is empty,” warns Kraków after city’s debts double in four years
The city authorities have blamed the longstanding former mayor, who left office in May.
President refers Polish government’s budget to constitutional court due to “doubts” over legality
However, Andrzej Duda also signed the budget, meaning it will go into force in the meantime.
Poles’ savings exceed 2 trillion zloty for first time
Poles’ savings grew 7.4% year on year, although their real value is being eaten up by inflation.
Polish state auditor fails to approve government budget spending in unprecedented decision
The auditor found that “violations of basic budgetary principles” have been carried out “on an unprecedented scale”.
Poland’s deficit almost 60% lower than budgeted in 2022
“”We have survived the plagues of Egypt,” says the prime minister, referring to the impact of the pandemic and war in Ukraine.
German government to fund Polish teaching next year following criticism from Poland
Poland cut funding for German teaching this year, arguing that Germany was not reciprocating the spending.
European Parliament calls on EU to block funds for rule-of-law violators
“Germany is blocking sanctions against Russia and the European Parliament votes in favour of sanctions for Poland,” says a PiS MP.
Polish government announces new spending as growth boosts budget by 78.5bn zloty
Local government budgets will be boosted, as well as spending on healthcare, infrastructure and higher education.
“Polish Deal” tax reform to shrink state revenue by over 22 billion zloty, says finance ministry
The government will raise the tax-free allowance on income, introduce new child benefits, and offer subsidies for homebuyers.
Poland busts largest ever VAT fraud operation, which issued one billion zloty of fake invoices
The illegal operation sold fake invoices worth more than one billion zloty.
Poland’s post-pandemic tax cure may be a bitter pill
Maria Wilczek
PiS has financed lavish spending with a booming economy. Now it will need new sources of revenue.
EU budget deal a “mistake”, says Polish justice minister amid dispute in ruling coalition
The prime minister insists he has been successful in clinching a agreement that protects Poland’s interests.
