Poland’s budget deficit exceeded the EU threshold

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Poland’s state budget deficit in 2023 exceeds the threshold of 3% of GDP set by the European Union, the portal writes. interia.pl.

According to preliminary data, last year’s figure was 5.1%. Now Warsaw may need to adjust spending. Otherwise, Poland may face a fine.

However, the publication also states that it is possible that no measures will be taken against the country. The fact is that a significant part of the Polish state budget deficit is due to increased defense spending. In the autumn of 2023, EU countries agreed to launch a procedure against excessive budget deficits in relation to member states with high defense expenditures.

Analysts before this warnedThat the United States may soon lose its superpower status due to rising national debt. US national debt in January exceeded 34 trillion dollars.

Previously Russia’s national debt collapsed to the minimums of SVO start times.

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