A Tiny Bit Over
Although the Polish treasury is benefitting from strong economic growth, the EU Commission has called on Poland to step up actions to bring its public finances in line with EU rules, projecting that Warsaw was likely to miss an EU deficit target.
Under the EU's Stability and Growth Pact, members are required to keep their public deficits to 3 percent.
The commission forecast that the Polish deficit would stand at 3.4 percent in 2007 despite a promise from Warsaw to its EU partners to meet the three percent limit this year.
Labels: budget, deficit, economic growth, Poland
1 Comments:
We should be so lucky as to have the relatively minor problem that Poland has...
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