Credit ratings agency Fitch has revised Poland’s outlook to negative in its latest report, citing concern over “deteriorating public finances” and growing “political polarisation”.
The decision prompted Poland’s finance minister to blame the president – who is aligned with the opposition Law and Justice (PiS) party – for the situation. However, a presidential advisor and PiS figures accused the government of trying to shift the blame for its poor management of public finances.
Who?
At the end isn’t the biggest issue huge deficit made by the current government?
Can somebody, who is more well versed in the ways of such topics can ELI5?
Poland running increasing deficits, without the euro they cant borrow at cheap rates.
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Credit ratings agency Fitch has revised Poland’s outlook to negative in its latest report, citing concern over “deteriorating public finances” and growing “political polarisation”.
The decision prompted Poland’s finance minister to blame the president – who is aligned with the opposition Law and Justice (PiS) party – for the situation. However, a presidential advisor and PiS figures accused the government of trying to shift the blame for its poor management of public finances.
Who?
At the end isn’t the biggest issue huge deficit made by the current government?
Can somebody, who is more well versed in the ways of such topics can ELI5?
Poland running increasing deficits, without the euro they cant borrow at cheap rates.
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