Poland was one of seven member states placed under the EU’s excessive deficit procedure this year.
deficit
EU advises Poland to cut spending and improve targeting of social benefits
It also urges Poland to fulfil milestones agreed to unlock billions in post-pandemic recovery funds.
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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.
Government using “unprecedented mechanisms” to evade public debt limits, says Polish state auditor
If debt had been properly accounted it would have exceeded the permitted threshold of 55% of GDP, finds NIK.
Poland’s public debt to grow 433 billion zloty in first two years of pandemic
Debt is forecasted to reach 1.5 trillion zloty by the end of 2021.
