Polish public debt exceeds EU’s 60% GDP limit
The rising debt in Poland has been driven by one of the fastest growing budget deficits in the EU.
Popular articles tagged "EU debt"
The rising debt in Poland has been driven by one of the fastest growing budget deficits in the EU.
The sale formed part of a €100 billion funding target set by Brussels for the first half of 2026.
The country's deficit reached 3.5 per cent of gross domestic product (GDP) last year, above the 3 per cent ceiling set for euro members.
The European Central Bank holds close to 40 per cent of some governments' debt.
The Commission noted weaker private consumption and investment, compounded by persistent structural problems.
"The negotiations are going very well. Give us a bit more time and we hope to be able to give the definitive green light on this front very soon".
For PM Pedro Sánchez, who is already grappling with corruption investigations involving figures close to the ruling PSOE, the timing is awkward.
On May 8th, the Polish government was set to sign the SAFE defence procurement loan agreement with the European Commission in Warsaw.
Poland’s finance minister Andrzej Domanski has admitted the government was about to sign the loan being taken out under the European Union’s Security Action…
The EU has finally agreed to lend Ukraine another €90 billion.
The text calls for new own resources generating around €60 billion a year.
Poland is around the EU average in terms of public debt-to-GDP.
Italian Deputy Prime Minister Matteo Salvini has renewed his call for the European Union to ease fiscal constraints, arguing that current budget rules limit governments’…
Poland has recorded the European Union’s second-largest budget deficit when compared with the size of its economy, raising fresh concerns over the country’s…
Germany’s finance ministry has countered claims by leading economists who accused the government of having misspent most of a debt-financed “special fund”…
Romania has completed 24 of the 25 committee reviews required to join the Organisation for Economic Co-operation and Development (OECD). One hurdle remains.
France’s public debt has reached a new record high of €3,460.
Italian business and political leaders are calling on EU institutions to take extraordinary measures to address the energy crisis provoked by the war with Iran.
Polish President Karol Nawrocki has submitted a bill to parliament that would enable Poland to avoid taking out a loan from the European Union’s Security Action…
The European Central Bank said Thursday it booked its third straight loss in 2025 due to the lingering impact of a record run of interest rate hikes.
Hallelujah, we have an agreement to keep Ukraine solvent!
Greece completed an early repayment of €5.
The European Union is weighing joint borrowing mechanisms to bolster financial support for Ukraine in 2026 and 2027 amid mounting obstacles to its preferred but…
The Belgian Government, which was on the brink over difficult budget talks, has after months of infighting found an agreement on raising almost €10 billion in…
The Brussels region's new budget minister Dirk De Smedt has warned that a full shutdown of public services is a real threat as the region is struggling to find money.
French budgetary woes have received some unexpected relief from an unlikely benefactor: Greece, once seen as the black sheep of the eurozone.
Italy, France and Belgium have the most concerning debt-sustainability outlooks in the EU, according to the latest study published by the National Bank of Belgium.
In the history of ideas around war and strategic confrontation, there are strokes of genius, grave mistakes, and everything in between.
European Union economic powerhouses France and Italy carry higher debt-to-GDP ratios than Ukraine, according to new International Monetary Fund (IMF) data.
The European Court of Auditors (ECA) has again raised concerns over European Union spending.